Fortune magazine publishers an annual list of the 500 largest companies in the United States. The corporate headquarters for the 500 companies are located in 38 different states. The following table shows the eight states with the largest number of Fortune 500 companies. Show Steps in Excel. Suppose one of the 500 companies is selected at random for a follow-up questionnaire. a What is the probability that the company selected has its corporate headquarters in California b What is the probability that the company selected has its corporate headquarters in California, New York, or Texas? c What is the probability that the company selected has its corporate headquarters in one of the eight states listed. State Number of Companies California 53 Illinois 32 New Jersey 21 New York 50 Ohio 28 Pennsylvania 23 Texas 52 Virginia 24 Sum 500
Fortune magazine publishers an annual list of the 500 largest companies in the United States. The corporate headquarters for the 500 companies are located in 38 different states. The following table shows the eight states with the largest number of Fortune 500 companies. Show Steps in Excel.
Suppose one of the 500 companies is selected at random for a follow-up questionnaire.
a What is the probability that the company selected has its corporate headquarters in California
b What is the probability that the company selected has its corporate headquarters in California, New York, or Texas?
c What is the probability that the company selected has its corporate headquarters in one of the eight states listed.
State Number of Companies
California 53
Illinois 32
New Jersey 21
New York 50
Ohio 28
Pennsylvania 23
Texas 52
Virginia 24
Sum 500
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