Question

The table below shows a sample of the distribution of income per age group for clients...

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

Homework Answers

Answer #1

(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)

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The table below shows a sample of the distribution of income per age group for clients...
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% 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...
Customers of Samsung tablets Age < 25,000 25,000-50,000 > 50,000 <25 years 6% 11% 2% 25-35...
Customers of Samsung tablets Age < 25,000 25,000-50,000 > 50,000 <25 years 6% 11% 2% 25-35 years 5% 20% 17% 36-55 years 3% 19% 6% > 55 years 2% 4% 5% Determine the following probabilities: 1. P (Income greater than $ 25,000) = 2. P (Income less than $ 50,000) = 3. P (Age over 55 years) = 4. P (Age younger than 36 years) = 5. P (Age between 25-55 or Income greater than $ 50,000) = 6. P...
10. The following frequency table shows the age distribution of a sample of 180 college students....
10. The following frequency table shows the age distribution of a sample of 180 college students. Age of Students Number of Students 15 - 19   27 20 - 24   45 25 - 29   60 30 - 34   36 35 - 39 12 What percentage is more than 24 but younger than 35 years of age? 78.3% 53.3% 96% 60%
The following table shows age distribution and location of a random sample of 166 buffalo in...
The following table shows age distribution and location of a random sample of 166 buffalo in a national park. Age Lamar District Nez Perce District Firehole District Row Total Calf 9 13 19 41 Yearling 10 10 13 33 Adult 36 26 30 92 Column Total 55 49 62 166 Use a chi-square test to determine if age distribution and location are independent at the 0.05 level of significance. a) Find or estimate the P-value of the sample test statistic....
The following table shows age distribution and location of a random sample of 166 buffalo in...
The following table shows age distribution and location of a random sample of 166 buffalo in a national park. Age Lamar District Nez Perce District Firehole District Row Total Calf 9 13 19 41 Yearling 10 10 13 33 Adult 36 26 30 92 Column Total 55 49 62 166 Use a chi-square test to determine if age distribution and location are independent at the 0.05 level of significance. a) State the null and alternate hypotheses. H0: Age distribution and...
What is the age distribution of patients who make office visits to a doctor or nurse?...
What is the age distribution of patients who make office visits to a doctor or nurse? The following table is based on information taken from a medical journal. Age group, years Under 15 15-24 25-44 45-64 65 and older Percent of office visitors 10% 5% 20% 10% 55% Suppose you are a district manager of a health management organization (HMO) that is monitoring the office of a local doctor or nurse in general family practice. This morning the office you...
The following table shows age distribution and location of a random sample of 166 buffalo in...
The following table shows age distribution and location of a random sample of 166 buffalo in a national park. Age Lamar District Nez Perce District Firehole District Row Total Calf 10 13 18 41 Yearling 10 14 9 33 Adult 38 29 25 92 Column Total 58 56 52 166 Use a chi-square test to determine if age distribution and location are independent at the 0.05 level of significance. (a) What is the level of significance? State the null and...
The following table shows age distribution and location of a random sample of 166 buffalo in...
The following table shows age distribution and location of a random sample of 166 buffalo in a national park. Age Lamar District Nez Perce District Firehole District Row Total Calf 17 11 13 41 Yearling 12 11 10 33 Adult 31 31 30 92 Column Total 60 53 53 166 Use a chi-square test to determine if age distribution and location are independent at the 0.05 level of significance. (a) What is the level of significance? State the null and...
Ashley began saving $5,000 per year from age 25 to age 35 (ten years) and then...
Ashley began saving $5,000 per year from age 25 to age 35 (ten years) and then invested the funds for another 30 years. Teeto began saving at age 35 and saved $5,000 each year until he retired at age 65 (30 years). Which of the following statements is correct assuming they invested their funds at 7 percent? Ashley and Teeto will have the same amount of money accumulated at age 65. Ashley will have 29% more accumulated than Teeto at...
A recent study gave the information shown in the table about ages of children receiving toys....
A recent study gave the information shown in the table about ages of children receiving toys. The percentages represent all toys sold. Age (years) Percentage of Toys 2 and under 3-5 6-9 10-12 13 and over 20% 15% 30% 10% 25% What is the probability that a toy is purchased for someone in the following age ranges? (a) 6 years old or older ____% (b) 12 years old or younger ____ % (c) between 6 and 12 years old ____%...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT