[Step-by-Step] A few years ago, a survey commissioned by The World Almanac and Maturity News Service reported that 51% of the respondents did not believe the
Question: A few years ago, a survey commissioned by The World Almanac and Maturity News Service reported that 51% of the respondents did not believe the Social Security System will be secure in 20 years. Of the respondents who were age 45 or older, 70% believed the system will be secure in 20 years. Of the people surveyed, 57% were under age 45. One respondent is selected at random.
- What is the probability that the person is age 45 or older?
- What is the probability that the person is younger than age 45 and believes that the Social Security system will be secure in 20 years?
- If the person selected believes the Social Security System will be secure in 20 years, what is the probability that the person is 45 years or older?
- What is the probability that the person is younger than age 45 or believes the Social Security system will not be secure in 20 years?
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