2. Wallace figures his chances of getting a new car for graduation at 70% if he graduates as class valedictorian. He only has about a 25% chance of getting a new car if he graduates 2nd or lower. He...


2. Wallace figures his chances of getting a new car for graduation at 70% if he graduates<br>as class valedictorian. He only has about a 25% chance of getting a new car if he<br>graduates 2nd or lower. He estimates his chances of being valedictorian at 50/50.<br>What is the likelihood that Wallace will get a new car?<br>

Extracted text: 2. Wallace figures his chances of getting a new car for graduation at 70% if he graduates as class valedictorian. He only has about a 25% chance of getting a new car if he graduates 2nd or lower. He estimates his chances of being valedictorian at 50/50. What is the likelihood that Wallace will get a new car?

Jun 09, 2022
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