A corporation is evaluating a proposed merger. The board of directors surveyed 53 stockholders concerning their position on the merger. The results are reported below: (Round the final answers to 1 decimal place.) Opinion Number of Shares Held Under 200 200 to under 1000 1000 or more Total Favour 6 5 5 16 Opposed 5 9 12 26 Undecided 4 3 14 11 Total HARA 15 17 21 53 a. What is the probability that a stockholder holds 1000 or more shares? Probability b. What is the probability that a stockholder holds less than 200 shares and is in favour of the merger? Probability c. What is the probability that a stockholder holds between 200 to under 1000 shares or is opposed to the merger? Probability d. What is the probability that a stockholder holds under 200 shares given that he/she is opposed to the merger? Probability

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A corporation is evaluating a proposed merger. The board of directors surveyed 53 stockholders concerning their position on the
merger. The results are reported below: (Round the final answers to 1 decimal place.)
Opinion
Number of Shares Held
Under 200
200 to under 1000
1000 or more
Total
Favour
6
5
5
16
%
Opposed
5
9
12
26
Undecided
4
3
14
11
Total
15
17
21
53
a. What is the probability that a stockholder holds 1000 or more shares?
Probability
%
b. What is the probability that a stockholder holds less than 200 shares and is in favour of the merger?
Probability
c. What is the probability that a stockholder holds between 200 to under 1000 shares or is opposed to the merger?
Probability
%
d. What is the probability that a stockholder holds under 200 shares given that he/she is opposed to the merger?
Probability
Transcribed Image Text:A corporation is evaluating a proposed merger. The board of directors surveyed 53 stockholders concerning their position on the merger. The results are reported below: (Round the final answers to 1 decimal place.) Opinion Number of Shares Held Under 200 200 to under 1000 1000 or more Total Favour 6 5 5 16 % Opposed 5 9 12 26 Undecided 4 3 14 11 Total 15 17 21 53 a. What is the probability that a stockholder holds 1000 or more shares? Probability % b. What is the probability that a stockholder holds less than 200 shares and is in favour of the merger? Probability c. What is the probability that a stockholder holds between 200 to under 1000 shares or is opposed to the merger? Probability % d. What is the probability that a stockholder holds under 200 shares given that he/she is opposed to the merger? Probability
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