Golden Years Insurance company estimates the probability that a randomly selected male senior citizen owning supplemental health insurance is 0.45. Does this imply that the probability that a randomly selected female senior citizen owning supplemental health insurance is 0.55? Explain.

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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Golden Years Insurance is an insurance company. Golden Years Insurance
wants to predict the probability of a senior citizen in the city of McDonald,
Pa. having supplemental health insurance. Records from another city,
Yellow, Pa. indicate that 703 of 3,000 senior citizens own supplemental
health insurance.
Golden Years Insurance company estimates the probability that a
randomly selected male senior citizen owning supplemental health
insurance is 0.45. Does this imply that the probability that a randomly
selected female senior citizen owning supplemental health insurance is
0.55? Explain.
Transcribed Image Text:Golden Years Insurance is an insurance company. Golden Years Insurance wants to predict the probability of a senior citizen in the city of McDonald, Pa. having supplemental health insurance. Records from another city, Yellow, Pa. indicate that 703 of 3,000 senior citizens own supplemental health insurance. Golden Years Insurance company estimates the probability that a randomly selected male senior citizen owning supplemental health insurance is 0.45. Does this imply that the probability that a randomly selected female senior citizen owning supplemental health insurance is 0.55? Explain.
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