TABLE 4-12 Jake Woke Up Late in the Morning on the Day

question 135

Short Answer

TABLE 4-12
Jake woke up late in the morning on the day that he has to go to school to take an important test. He can either take the shuttle bus which is usually running late 20% of the time or ride his unreliable motorcycle which breaks down 40% of the time. He decides to toss a fair coin to make his choice.
-Referring to Table 4-12, if Jake, in fact, gets to the test on time, what is the probability that he rode his bike?

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Definitions:

Consideration

In contract law, something of value given by one party in exchange for something of value from another party, forming the basis for a contract.

Binding Contract

An agreement between parties that is legally enforceable in a court of law.

Commitment

The state or quality of being dedicated to a cause, activity, or undertaking.

Standard Of Care

The degree of attentiveness, caution, and prudence that a reasonable person would reasonably be expected to do in similar circumstances.