Examine today’s stock listing for SFT Legal, shown below.
2 answers:
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Answer:
(a) The probability of the intersection of events "man" and "yes" is 0.55.
(b) The probability of the intersection of events "no" and "man" is 0.10.
(c) The probability of the union of events "woman" or "no" is 0.45.
Step-by-step explanation:
The information provided is:
Yes No Total
Men 275 50 325
Women 150 25 175
Total 425 75 500
(a)
Compute the probability that a randomly selected employee is a man and a has retirement benefits as follows:
Thus, the probability of the intersection of events "man" and "yes" is 0.55.
(b)
Compute the probability that a randomly selected employee does not have retirement benefits and is a man as follows:
Thus, the probability of the intersection of events "no" and "man" is 0.10.
(c)
Compute the probability that a randomly selected employee is a woman or has no retirement benefits as follows:
Thus, the probability of the union of events "woman" or "no" is 0.45.