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.

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