Areputable weather service issues precipitation forecasts that indicate the likelihood of measurable precipitation at a specific point during a given time period. suppose that if a measurable amount of rain falls during the next 24 hours, a river will reach flood stage and a business will incur damages of $200 comma 000. the weather service has indicated that there is a 35% chance of a measurable amount of rain during the next 24 hours. complete parts a and