If a company is randomly selected from the list of 24 studied, what is the probability: a. The CEO made more than $1 million? (Round your answer to 2 decimal places.) Probability b. The CEO made more than $1 million or the shareholders lost money? (Round your answer to 2 decimal places.) Probability c. The CEO made more than $1 million given the shareholders lost money? (Round your answer to 4 decimal places.) Probability
If a company is randomly selected from the list of 24 studied, what is the probability: a. The CEO made more than $1 million? (Round your answer to 2 decimal places.) Probability b. The CEO made more than $1 million or the shareholders lost money? (Round your answer to 2 decimal places.) Probability c. The CEO made more than $1 million given the shareholders lost money? (Round your answer to 4 decimal places.) Probability
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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Question
Expert Solution
Step 1
Given that
2×2 contingency table
CEO made more than 1 million | CEO made less than 1 million | Total | |
Shareholders made money | 2 | 11 | 13 |
Shareholders lost money | 6 | 5 | 11 |
Total | 8 | 16 | 24 |
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