I=$26.25I=$26.25, P=$500P=$500, t=18 t=18 months
2 answers:
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Answer:
0.3875
Step-by-step explanation:
Given that in a group of college students, the ratio of men to women is 3:1 (i.e., 3 to 1). In a recent survey, 40% of the men in this group selected hiking as their favorite outdoor activity whereas 35% of the women in the group selected hiking as their favorite outdoor activity
From the above information we find that
P(Men) = 0.75 and P(women) = 0.25 (since men:women = 3:1)
Out of men prob for not selecting hiking as their favorite outdoor activity
Out of women prob for not selecting hiking as their favorite outdoor activity
Prob for a randomly selected person that hiking is not his/her favorite outdoor activity = Prob (man and not selected activitiy) + P(women and not selected activity) (since men and women are mutually exclusive and exhaustive)
=