Step 1: Recall the formula for conditional probability
The conditional probability \( P(F|E) \) is given by: \[ P(F|E) = \frac{P(E \cap F)}{P(E)}. \] Step 2: Find \( P(E \cap F) \)
Using the formula for the probability of the union of two events: \[ P(E \cup F) = P(E) + P(F) - P(E \cap F). \] Substitute the given values \( P(E \cup F) = 0.4 \), \( P(E) = 0.1 \), \( P(F) = 0.3 \): \[ 0.4 = 0.1 + 0.3 - P(E \cap F). \] Simplify to find \( P(E \cap F) \): \[ P(E \cap F) = 0.1 + 0.3 - 0.4 = 0. \] Step 3: Calculate \( P(F|E) \)
Substitute \( P(E \cap F) = 0 \) and \( P(E) = 0.1 \) into the formula for \( P(F|E) \): \[ P(F|E) = \frac{P(E \cap F)}{P(E)} = \frac{0}{0.1} = 0. \] Step 4: Conclude the result
The conditional probability \( P(F|E) \) is \( 0 \). This indicates that the events \( E \) and \( F \) do not overlap.
The chances of \( P \), \( Q \), and \( R \) getting selected as CEO of a company are in the ratio \( 4 : 1 : 2 \), respectively. The probabilities for the company to increase its profits from the previous year under the new CEO \( P \), \( Q \), or \( R \) are \( 0.3 \), \( 0.8 \), and \( 0.5 \), respectively.
If the company increased the profits from the previous year, find the probability that it is due to the appointment of \( R \) as CEO.