297. A new sports car model has defective brakes 15 percent of the time and a defective steering mechanism 5 percent of the time. Let's assume (and hope) that these problems occur independently. If
one or the other of these problems is present, the car is called a "lemon." If both of these problems
are present, the car is a "hazard." Your instructor purchased one of these cars yesterday. What is the
probability it is:
a. A lemon?
b. A hazard?
P(Bad brakes) = 0.15 and P(Bad steering) = 0.05
(b) P(Hazard) = P(Bad ...
The expert calculates the probabilities. A complete, neat and step-by-step solution is provided.