Question: Consider that you are a line manager in your current Corporation. There is a 0.50 probability that you will be promoted this year. There is a 0.65 probability that you will get a promotion or a raise. The probability of getting a promotion and a raise is 0.35. (Use letter P to denote promotion and letter R to denote raise.)
a. If you get a promotion, what is the probability that you will also get a raise?
b. What is the probability that you will get a raise?
Please show all the steps in your calculations