Solution) Use the following data set to find the following probabilities described below. Listed are frequenc
Question: Use the following data set to find the following probabilities described below. Listed are frequencies of individuals from five college majors and their income two years after receiving their Ph.D. Frequencies are listed in the main body of the table LEAVE YOUR ANSWERS IN FRACTIONAL FORM AND DO NOT REDUCE!
COLLEGE MAJOR
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a) What is the probability of randomly selecting an individual making $100000-$124000?
b) What is the probability of randomly selecting an individual who is a CED major making
$50000-$74000?
c) Given that an individual earns $100000-$124000, what is the probability that they are CSD
major?
d) Assuming independence, what is the probability of selecting two people (with replacement)
such that the first person is from CED AND the second person is from CSD?
Solution Format: Word Document
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