According to the U.S. Census Bureau, the 2008 income of U.S. families is given in the table:
Income Level | Number of Families (in thousands) |
<$25,000 | 28,943.7 |
$25, 000 − $49, 999 | 29,178.1 |
$50, 000 − $74, 999 | 20,975.4 |
$75, 000 − $99, 999 | 13,944.5 |
≥ $100, 000 | 24,022.1 |
(a) What is the probability a randomly selected family has an income below $25,000?
(b) What is the probability a randomly selected family has an income of $75,000 or more?
Get Answers For Free
Most questions answered within 1 hours.