what is the probability that a couple, chosen at random, together, earn between 2,000,000 and 3,500,000 (included)?
what is the probability that a couple, chosen at random, together, earn between 2,000,000 and 3,500,000 (included)?
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 27EQ
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In a certain company, the salary of men can take the values of 1,000,000, 1,500,000, 2,000,000 and 2,500,000. Women can enjoy the following salaries: 500,000, 1,000,000, 1,500,000 and 2,000,000.
Assuming that the percentage of men earning each of the values is the same, and the same relative to women, and that men's wages are independent of women's wages, what is the probability that a couple, chosen at random, together, earn between 2,000,000 and 3,500,000 (included)?
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