One thousand randomly selected adults were asked if they think they are financially better off than their parents. The following table gives two-way classification of the response based on the education levels of the persons included in the survey and whether they are financially better off, or worse off than their parents. Less than high school High school Better off 40 360 Worse off 160 440 Suppose one adult is selected from the 1000 adults. Find the followings probabilities: 1- P(worse off and less than high school) 2- P(better off or Worse off). 3- P(less than high school or worse off) *showing which one is Non-Mutually Exclusive.

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One thousand randomly selected adults were asked if they think they are financially better off than
their parents. The following table gives two-way classification of the response based on the education
levels of the persons included in the survey and whether they are financially better off, or worse off
than their parents.
Less than high school
High school
Better off
40
360
Worse off
160
440
Suppose one adult is selected from the 1000 adults. Find the followings probabilities:
1- P(worse off and less than high school)
2- P(better off or Worse off).
3- P(less than high school or worse off)
*showing which one is Non-Mutually Exclusive.
Transcribed Image Text:One thousand randomly selected adults were asked if they think they are financially better off than their parents. The following table gives two-way classification of the response based on the education levels of the persons included in the survey and whether they are financially better off, or worse off than their parents. Less than high school High school Better off 40 360 Worse off 160 440 Suppose one adult is selected from the 1000 adults. Find the followings probabilities: 1- P(worse off and less than high school) 2- P(better off or Worse off). 3- P(less than high school or worse off) *showing which one is Non-Mutually Exclusive.
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