There are three candidates for president of Silk Residences Condominium Unit Owners Association. The probability that Albert will be elected is 0.3, the probability that Bryan will be elected is 0.5 and the probability that Charlie will be elected is 0.2.
There are three candidates for president of Silk Residences Condominium Unit Owners Association. The probability that Albert will be elected is 0.3, the probability that Bryan will be elected is 0.5 and the probability that Charlie will be elected is 0.2. Should Albert be elected the probability for an increase in monthly dues is 0.8. Should Bryan or Charlie be elected, the probabilities for increase in monthly dues are 0.1 and 0.4, respectively. What is the probability that there is an increase in monthly dues?