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Johnson has a corporate proposal. The probability that vice-president Adams will approve the proposal is 0.7. The probab

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by Gmat_mission » Sun Dec 12, 2021 1:50 am

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Johnson has a corporate proposal. The probability that vice-president Adams will approve the proposal is 0.7. The probability that vice-president Baker will approve the proposal is 0.5. The probability that vice-president Corfu will approve the proposal is 0.4. The approvals of the three VPs are entirely independent of one another.

Suppose Johnson must get VP Adam’s approval, as well as the approval of at least one of the other VPs, Baker or Corfu, to win funding. What is the probability that Johnson’s proposal is funded?

A. 0.14
B. 0.26
C. 0.49
D. 0.55
E. 0.86

Answer: C

Source: Magoosh
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