(a) Find each of the following probabilities. (Round your answers to four decimal places.) P(A) = P(8) = P(A n B) = P(B | A) P(B | A) = (b) Are the events A and 8 independent events? OYes O No

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The personnel department of Franklin National Life Insurance compiled the accompanying data regarding the income and
education of its employees.
s this a
Income
Income
$60,000 or Below
Above $60,000
Noncollege Graduate
College Graduate
2080
820
380
720
Let A be the event that a randomly chosen employee has a college degree, and let B be the event that the chosen
employee's income is more than $60,000.
(a) Find each of the following probabilities. (Round your answers to four decimal places.)
P(A) =
P(B) =
P(A n B) =
P(B | A) =
P(B | A) =
(b) Are the events A and B independent events?
38
Yes
O No
Transcribed Image Text:The personnel department of Franklin National Life Insurance compiled the accompanying data regarding the income and education of its employees. s this a Income Income $60,000 or Below Above $60,000 Noncollege Graduate College Graduate 2080 820 380 720 Let A be the event that a randomly chosen employee has a college degree, and let B be the event that the chosen employee's income is more than $60,000. (a) Find each of the following probabilities. (Round your answers to four decimal places.) P(A) = P(B) = P(A n B) = P(B | A) = P(B | A) = (b) Are the events A and B independent events? 38 Yes O No
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