A Vocational Counselor Believes That the Probability That Interest Rates

Short Answer

A vocational counselor believes that the probability that interest rates will go up is 0.40 . He further believes that the probability that a particular student will get a job at the end of the year if interest rates go up is 0.30 . Based on these estimates, the probability that both interest rates will go up and that the student will get the job is _______.