At the beginning of year 1, Jonah invests $300 at an annual compound
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Answer:
The correct answer is 0.486.
Step-by-step explanation:
Total number of employees at the home office of Gibraltar Insurance Company is 270 + 340 = 610
Number of employees on flex time are 350, out of which 170 are men and 180 are women.
We need to find the probability that out of the given employees, a randomly chosen one is on flex time and is a man.
Favorable outcomes are 170 and total outcome is 350.
Thus the probability is given by = 0.4857≈ 0.486