A study conducted by the Metro Housing Agency in a midwestern city revealed the following information concerning the age distribution of renters within the city. (Round your answers to four decimal places.)
Age | Adult Population, % | Group Who Are Renters, % |
---|---|---|
21-44 | 46 | 62 |
45-64 | 31 | 45 |
65 and over | 23 | 65 |
(a) What is the probability that an adult selected at random
from this population is a renter?
(b) If a renter is selected at random, what is the probability that
he or she is in the 21-44 age bracket?
(c) If a renter is selected at random, what is the probability that
he or she is 45 years old or older?
This is because the group '45 years old or older' includes both '45-64' and '65 and over' groups.
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