The following two way table is a breakdown of the relative frequency of managers in four sectors of economy:   Banking Insurance Real Estate Manufacturing Male .13 .14 .12 .11 Female .08 .06 .28 .08 Suppose we select a manager at random from this population. What is the probability that the selected manager is either Female or is in the Real Estate business? Group of answer choices 0.4 0.62 0.78 0.9 0.5

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A: Concept of General Addition Rule:For any two events A and B the General Addition Rule states that:

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Q: 13) The table below describes the smoking habits of a group of asthma sufferers. Light Heavy…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

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A: Hey there! Thanks for posting the question. Your question has more than three sub-parts. However, we…

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Q: Example 6: A survey was done of students in which both their major and the number of times that they…

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Q: Men Women Boys Girls TOTAL Survived   332 318 29 27 706 Died   1360 104 35 18 1517…

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Q: You have the following information about voters attending a political meeting: Pop. Size Probability…

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Q: The U.S. Coast Guard maintains a database of the number, source, and location of oil spills in the…

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A: Probability of an event:The formula for probability of an event is as follows:

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.