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 25-55 years old)
11) P (Age under 55 years and income less than $50,000)
8)
Required probability = P(Age between 25-55 or income more than $50,000)
= P(Age between 25-55) + P(income more than $50,000) - P(Age between 25-55 and income more than $50,000)
9)
Required probability = P(Age between 25-55 AND income more than $50,000)
10)
Required probability = P(income less than $25,000 and age between 25-55 years old)
11)
Required probability = P(Age under 55 years and income less than $50,000)
Get Answers For Free
Most questions answered within 1 hours.