Question

Does it pay to ask for a raise? A national survey of heads of households showed the percentage of those who asked for a raise and the percentage who got one. According to the survey, of the men interviewed, 24% had asked for a raise and 55% of the men who had asked for a raise received the raise. If a man is selected at random from the survey population of men, find the following probabilities. (Enter your answers to three decimal places.)

Answer 1

Answer:

0.132

Step-by-step explanation:

p(received raise and asked for one) = p(received raise | asked for one) * p(asked for one)

p(received raise and asked for one) = 0.24 X 0.55 = 0.132