The table below shows a sample of the distribution of income per age group for clients that have bought an iPad in 2019
Age |
<$25,000 |
$25,000-50,000 |
>$50,000 |
|
<25 years old |
5% |
10% |
4% |
|
25-35 years old |
5% |
20% |
12% |
|
36-55 years old |
7% |
15% |
9% |
|
>55 years old |
3% |
5% |
5% |
Determine the following probabilities:
4) P (income more than $25,000) =
5) P P (Income less than $50,000) =
6) P (Age more than 55 years old) =
7) P (Age less than 36 years old) =
8) P (Age between 25-55 OR income more than $50,000)
9) P (Age between 25-55 AND income more than $50,000)
10) P (Income less than $25,000 and age between 25-55 years old)
11) P (Age under 55 years and income less than $50,000)
Please be clear on your process and final anwser for each individual numbered question
(there are more than 4 parts, as per policy i am answering first 4 parts)
4.
P (income more than $25,000) = sum of percentage in table which are under the 2nd and 3rd column
= 0.10+0.20+0.15+0.05 + 0.04+0.12+0.09+0.05
= 0.80
5.
P (Income less than $50,000) = sum of percentage in table which are under the 2nd and 1st column
= 0.10+0.20+0.15+0.05 + 0.05+0.05+0.07+0.03
= 0.70
6.
P (Age more than 55 years old) = sum of percentage in table which are in 4th row
= 0.03+0.05+0.03
= 0.11
7.
P (Age less than 36 years old) = sum of percentage in table which are in 1st and 2nd row
= 0.05+0.10+0.04+0.05+0.20+0.12
= 0.56
(please UPVOTE)
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