Solutions Probability

Emergency Savings The table shows the results of a survey in which 142 men and 145 women workers age

Question: Emergency Savings

The table shows the results of a survey in which 142 men and 145 women workers ages 25 to 64 were asked if they have at least one month’s income set aside for emergencies.

Men Women total
Less than one month’s income 66 83 149
One month’s income or more 76 62 138
Total 142 145 287

(a) Find the probability that a randomly selected worker has one month’s income or more set aside for emergencies

(b) Given that a randomly selected worker is a male, find the probability that the worker has less than one month’s income

(c) Given that that randomly selected worker has one month’s income, or more, find the probability that the worker is a female

(d) Are events “having less than one month’s income saved” and “being male” independent or dependent? Explain

Price: $2.99
Answer: The solution consists of 1 page
Deliverables: Word Document


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