A recent study of young executives showed that 30 percent run, 20 percent bike and 12 percent do both. What iş the percent of young executives who run or bike? P(R or B)= PLA)+ PLB) - P(Rand B) : : 30 + .20 - 12 Com

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
**Transcription of Exercise on Probability for Young Executives**

---

**Exercise 11:**

A recent study of young executives showed the following statistics:

- 30 percent run
- 20 percent bike
- 12 percent engage in both activities

**Problem:**

Determine the percentage of young executives who either run or bike.

**Solution Calculation:**

To find the percentage of young executives who run or bike, use the formula for the probability of either event occurring:

\[ P(R \text{ or } B) = P(R) + P(B) - P(R \text{ and } B) \]

**Values:**

- \( P(R) = 0.30 \)
- \( P(B) = 0.20 \)
- \( P(R \text{ and } B) = 0.12 \)

Calculate:

\[ P(R \text{ or } B) = 0.30 + 0.20 - 0.12 \]

This results in:

\[ P(R \text{ or } B) = 0.38 \]

Therefore, 38 percent of young executives either run or bike.

---
Transcribed Image Text:**Transcription of Exercise on Probability for Young Executives** --- **Exercise 11:** A recent study of young executives showed the following statistics: - 30 percent run - 20 percent bike - 12 percent engage in both activities **Problem:** Determine the percentage of young executives who either run or bike. **Solution Calculation:** To find the percentage of young executives who run or bike, use the formula for the probability of either event occurring: \[ P(R \text{ or } B) = P(R) + P(B) - P(R \text{ and } B) \] **Values:** - \( P(R) = 0.30 \) - \( P(B) = 0.20 \) - \( P(R \text{ and } B) = 0.12 \) Calculate: \[ P(R \text{ or } B) = 0.30 + 0.20 - 0.12 \] This results in: \[ P(R \text{ or } B) = 0.38 \] Therefore, 38 percent of young executives either run or bike. ---
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman