According to a survey of American households, the probability that the residents own 2 cars if annual household income is over $50,000 is 80%. Of the households surveyed, 60% had incomes over $50,000 and 70% had 2 cars. a) What is the probability that the residents of a household own 2 cars and have an income over $50,000 a year? Show or explain how you obtain your answer. b) What is the probability that the residents of a household do not own 2 cars and have an income over $50,000 a year? Show or explain how you obtain your answer. c) What is the probability that the residents do not own 2 cars if annual household income is not over $50,000? Show or explain how you obtain your answer.
Please no written by hand
According to a survey of American households, the probability that the residents own 2 cars if annual household income is over $50,000 is 80%. Of the households surveyed, 60% had incomes over $50,000 and 70% had 2 cars.
a) What is the probability that the residents of a household own 2 cars and have an income over $50,000 a year? Show or explain how you obtain your answer.
b) What is the probability that the residents of a household do not own 2 cars and have an income over $50,000 a year? Show or explain how you obtain your answer.
c) What is the probability that the residents do not own 2 cars if annual household income is not over $50,000? Show or explain how you obtain your answer.
Trending now
This is a popular solution!
Step by step
Solved in 5 steps
