A questionnaire asks shareholders of a company to state whether they consider the chairman’s salary to be too high, about right, or too low. Excluding shareholders who have no opinion, the probabilities of answers from randomly selected shareholders are as follows: Too High        0.82 About Right  0.12  Too Low          0.05   What are the probabilities that if three shareholders are selected at random;? They will all answer ‘too high’ Exactly two will answer ‘too high’ Exactly two will give the same answer

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.8: Probabilities Of Disjoint And Overlapping Events
Problem 2C
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  1. A questionnaire asks shareholders of a company to state whether they consider the chairman’s salary to be too high, about right, or too low. Excluding shareholders who have no opinion, the probabilities of answers from randomly selected shareholders are as follows:

Too High        0.82

About Right  0.12

 Too Low          0.05

  What are the probabilities that if three shareholders are selected at random;?

  1. They will all answer ‘too high’
  2. Exactly two will answer ‘too high’
  3. Exactly two will give the same answer

 

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