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 242 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?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

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
It is important for new employees to know the location of all fire extinguishers. (B) Aim low toward ... It is important for new employees to know the location of all fire extinguishers. (B) Aim low toward ...
New employees should be shown all exits in case of an emergency. New employees should be shown all exits in case of an emergency.
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
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 ...
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Video: Mechanisms of capillary exchange

For a complete list of videos, visit our video library