The employees of a company were surveyed on questions regarding their educational background (college degree or no college degre
1 answer:
Answer:0.68
Step-by-step explanation:
Given
Total of 600 employees out of which 400 had college degree ,100 are single
and 60 were single graduates
therefore out of 100, 60 were single and rest 40 are single undergraduate
and out of 400, 60 were single graduates thus 340 are married graduate.
Now out of 600, 100 were single i.e. 500 is married
thus Probability that an employee is married and has a college degree is
=
P==0.68
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A. First let us start with the linear model.
The equation is in the form of y = m x + b
Calculating for the slope m:
m = (309,587 – 50,000) / (2007 – 1997)
m = 25,958.7
Subsituting:
y = 25,958.7 x + b
Taking x = 1997, y = 50,000. Solve for b:
50,000 = 25,958.7 (1997) + b
b = -51,789,523.9
The complete equation is therefore:
y = 25,958.7 x - 51,789,523.9
B. The exponential model has the following form:
y = a b^x
where a and b are constants
Taking x1= 1997, y1 = 50,000; x2 = 2007, y2 = 309,587
50,000 = a b^1997
309,587 = a b^2007
Combining in terms of a:
50,000 / b^1997 = 309,587 / b^2007
b^2007 / b^1997 = 309,587 / 50,000
b^10 = 6.19174
b = 1.2
Substituting:
y = a 1.2^x
Solving for a:
50,000 = a 1.2^1997
a = 3.75 x 10^-154
The complete equation is:
y = 3.75 x 10^-154 * 1.2^x
