SOLUTION:
From given data,
In 1995, the percentage of the labor force that belonged to a union was 14.9. If five workers had been randomly chosen in that year, what is the probability that none of them would have belonged to a union? Compare your answer to what it would be for the year 1945, when an all-time high of 35.5 percent of the labor force belonged to a union.
Where ,
14.9 = 14.9 / 100 = 0.149 then
(1-0.149) =0.851
is probability that a person didn't belong to a union.
So for five workers it would be
0.8515= 0.446.
Now consider,
35.5 percent = 35.5 / 100 = 0.355 then
(1-0.355)= 0.645
For five workers
0.6455= 0.1116
Get Answers For Free
Most questions answered within 1 hours.