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An analyst thinks that next year there is a 20% chance that the world economy will be good, a 50% chance that it will be neutral, and a 30% chance that it will be poor. She also predicts probabilities that the performance of a start-up firm, Creative Ideas, will be good. neutral, or poor for each of the economic states of the world economy.The following table presents probabilities for three states of the world economy and the corresponding conditional probabilities for Creative Ideas state of the Probability of Perfornance of Conditional Probability Norld Econony Economic State Good Creative Ideas of Creative Ideas 0.60 0.30 0.10 0.40 0.30 0.30 0.20 0.30 0.50 0.20 Good Neutral Poor Good Neutral Poor Good Neutral Poor Neutra1 0.50 Poor 0.30 a. What is the probability that the performance of the world economy will be neutral and that of creative ideas will be poor? (Round your answer to 2 decimal places.) Probability b. What is the probability that the performance of Creative Ideas ill be poor? (Round your answer to 2 decimal places.) Probability
c. The performance of Creative Ideas was poor. What is the probability that the performance of the world economy had also been poor? (Round your answer to 2 decimal places.) Probability
math   Statistics-And-Probability   
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aar cp.cveak;ve İdtac peev eative ideat Good Neutra O.50 ood. Neuulral COず PooY 0 30c The ppckbiry -that performene < the world ecnom hil be neutral and that ef creative ideaf wii be pe econesmy wil be acutral and that creahrve ideas wil be. poor江 hence -tha pYCbablu.ty -liok- performance at creative ida ull be poo wo d econony had alta P CPapp)r(뷔 tuo lal p O.15 O.0 o.15 0.15 O.IS O.32 hence , ft the pefermance o creahive idea.s was poe rmance of tworld eenomy had also be en eor

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