(a) The probability that the family selected has an annual income of less than $40,000 (b) The probability that the family selected has an annual income of $40,000 to less than $80,000 (c) The probability that the family selected has an annual income of more than $100,000 29
(a) The probability that the family selected has an annual income of less than $40,000 (b) The probability that the family selected has an annual income of $40,000 to less than $80,000 (c) The probability that the family selected has an annual income of more than $100,000 29
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Transcribed Image Text:Working problem 4.13 :
The data in the Table below was taken from the U.S. Census Bureau report titled "HINC-01. Selected Characteristics of
Households, by Total Money Income in 2005" (http://www.cen
stables/032010/hhinc/new01 001.htm)
us.gov/ht
Income
Under $20.000
$20,000 to < $40,000
$40,000 to < $60,000
S60,000 to < $80,000
S80,000 to <$100,000
Above $100,000
Households
cthousands)
24,559
26,904
20,026
14,535
9,362
7,813
If a U.S. family is selected at random, Determine
(a) The probability that the family selected has an annual income of less than $40,000
(b) The probability that the family selected has an annual income of $40,000 to less than $80,000
(c) The probability that the family selected has an annual income of more than $100,000
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