This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose that 80 of the employees of a company received cash or company stock as a bonus at the end ... (Read 40 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
on: Jul 24, 2018
Suppose that 80 of the employees of a company received cash or company stock as a bonus at the end of the year.
 
  If 60 of the employees received a cash bonus and 30 received stock, what is the probability that a randomly chosen employee received both cash and stock as a bonus?

Question 2

Suppose that for a certain experiment P(A ) = .37, P(B) = .69, and P(A  B) = .23. Find P(A  B).
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dawsa925

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jul 24, 2018
Answer to Question 1

The Additive Rule states that P(A  B) = P(A ) + P(B) - P(A  B), so P(A  B) = P(A ) + P(B) - P(A  B) = .60 + .30 - .80 =.10.

Answer to Question 2

P(A  B) = .37 + .69 - .23 = .83


saraeharris

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Jul 24, 2018
TY


dawsa925

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Jul 24, 2018
You're welcome


« previous next »
 

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

This engraving of the Boston Massacre (1770) became the most reprinted depiction of the event, and p This engraving of the Boston Massacre (1770) became the most reprinted depiction of the event, and p
That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by
These photos show a rat burying a test object from which it has just received a single mild shock. These photos show a rat burying a test object from which it has just received a single mild shock.
Pharmaceutical Company Representatives Pharmaceutical Company Representatives
An organizational specialist is hired as a consultant to a company planning to open a coffee ... An organizational specialist is hired as a consultant to a company planning to open a coffee ...
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Protein catabolism (Krebs cycle) and Protein anabolism (protein synthesis)

For a complete list of videos, visit our video library