A small company conducted a survey of its employees to determine their attitudes toward a buyout of the company's stock. The company's 1,04 employees were asked whether they favored a buyout and when they were planning to retire. The data is shown in the accompanying table: Plan to Retire in: Favor Buyout Less than 5 years Yes 140 No 160 Total 200 Between 5 and 15 years 75 122 197 More than 15 years Total 394 646 1040 179 464 643 Step 2 of 3: What is the probability that an employee favors the buyout and plans to retire in more than 15 years? Round your answer to four decimal places.
A small company conducted a survey of its employees to determine their attitudes toward a buyout of the company's stock. The company's 1,04 employees were asked whether they favored a buyout and when they were planning to retire. The data is shown in the accompanying table: Plan to Retire in: Favor Buyout Less than 5 years Yes 140 No 160 Total 200 Between 5 and 15 years 75 122 197 More than 15 years Total 394 646 1040 179 464 643 Step 2 of 3: What is the probability that an employee favors the buyout and plans to retire in more than 15 years? Round your answer to four decimal places.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A small company conducted a survey of its employees to determine their attitudes toward a buyout of the companys stock. The company's 1,040 emplovees were asked whether they favored a buyout and when they were ptanning to retire. The data is shownin the accompanying table: Step 2 of 3: What is the
Transcribed Image Text:A small company conducted a survey of its employees to determine their attitudes toward a buyout of the company's stock. The company's 1,040
employees were asked whether they favored a buyout and when they were planning to retire. The data is shown in the accompanying table:
Plan to Retire in:
Favor Buyout Less than 5 years
140
160
200
Yes
No
Total
A
Between 5 and 15
years
75
122
197
More than 15 years Total
394
646
1040
179
464
643
Step 2 of 3: What is the probability that an employee favors the buyout and plans to retire in more than 15 years? Round your answer to four
decimal places.
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