Problem 5. The following probability table is a breakdown of managers in four sectors of economy: Banking Insurance Real Estate Manufacturing Male 0.12 0.14 0.13 0.21 Female 0.08 0.06 0.17 0.09 (a). What is the probability that the selected manager is female? (b). What is the probability that the selected manager is female or in insurance business? (c). What is the probability that the selected manager is neither female nor in insurance business?
Problem 5. The following probability table is a breakdown of managers in four sectors of economy: Banking Insurance Real Estate Manufacturing Male 0.12 0.14 0.13 0.21 Female 0.08 0.06 0.17 0.09 (a). What is the probability that the selected manager is female? (b). What is the probability that the selected manager is female or in insurance business? (c). What is the probability that the selected manager is neither female nor in insurance business?
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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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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Plz explain a, b, c
![Problem 5.
The following probability table is a breakdown of managers in four sectors of economy:
Banking
Insurance
Real Estate
Manufacturing
Male
0.12
0.14
0.13
0.21
Female
0.08
0.06
0.17
0.09
(a). What is the probability that the selected manager is female?
(b). What is the probability that the selected manager is female or in insurance business?
(c). What is the probability that the selected manager is neither female nor in insurance business?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fab7983ec-68c1-4bdc-ac82-f91f884ee761%2F5bd534b6-7f92-4cf3-897c-c67cb452f990%2F13fwl2k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Problem 5.
The following probability table is a breakdown of managers in four sectors of economy:
Banking
Insurance
Real Estate
Manufacturing
Male
0.12
0.14
0.13
0.21
Female
0.08
0.06
0.17
0.09
(a). What is the probability that the selected manager is female?
(b). What is the probability that the selected manager is female or in insurance business?
(c). What is the probability that the selected manager is neither female nor in insurance business?
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