Question

A study conducted by the Metro Housing Agency in a midwestern city revealed the following information...

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?

Homework Answers

Answer #1

This is because the group '45 years old or older' includes both '45-64' and '65 and over' groups.

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
1. A random number generator is used to select a number from 1 to 500 ?(inclusively)....
1. A random number generator is used to select a number from 1 to 500 ?(inclusively). What is the probability of selecting the number 595 ? What is the probability? 2.Identify the sample space of the probability experiment and determine the number of outcomes in the sample space. -Randomly choosing an even number between 10 and 20, inclusive The sample space is? (Use a comma to separate answers) There are _____ outcomes in the sample space 3. Determine the number...
#46 In a survey of 2000 adults 50 years and older of whom 20% were retired...
#46 In a survey of 2000 adults 50 years and older of whom 20% were retired and 80% were pre-retired, the following question was asked: Do you expect your income needs to vary from year to year in retirement? Of those who were retired, 23% answered no, and 77% answered yes. Of those who were pre-retired, 28% answered no, and 72% answered yes. If a respondent in the survey was selected at random and had answered yes to the question,...
QUESTION 1 It is best to use probability sampling when a. trying to understand the context...
QUESTION 1 It is best to use probability sampling when a. trying to understand the context of people’s actions. b. studying a small number of cases. c. the population is unknown or not readily identifiable. d. the research objective is to estimate population characteristics. 10 points    QUESTION 2 Which of the following describes a sampling distribution? a. distribution of individual responses in a single sample b. distribution of individual responses in a population c. probability distribution of individual responses...
MATHEMATICS 1. The measure of location which is the most likely to be influenced by extreme...
MATHEMATICS 1. The measure of location which is the most likely to be influenced by extreme values in the data set is the a. range b. median c. mode d. mean 2. If two events are independent, then a. they must be mutually exclusive b. the sum of their probabilities must be equal to one c. their intersection must be zero d. None of these alternatives is correct. any value between 0 to 1 3. Two events, A and B,...