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prosperous 4.112 Education and income. Call a household if its income exceeds $100,000. Call the household educated if the householder completed coll Select an American household at random, and let A b the event that the selected household is prosperous ar B the event that it is educated. According to the Curre Population Survey, P(A) = 0.138, P(B) = 0.261, and th probability that a household is both prosperous and

prosperous 4.112 Education and income. Call a household if its income exceeds $100,000. Call the household educated if the householder completed coll Select an American household at random, and let A b the event that the selected household is prosperous ar B the event that it is educated. According to the Curre Population Survey, P(A) = 0.138, P(B) = 0.261, and th probability that a household is both prosperous and

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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4.112 Education and income. Call a household prosperous if its income exceeds $100,000. Call the household educated if the householder completed college. Select an American household at random, and let A be the event that the selected household is prosperous and B the event that it is educated. According to the Current Population Survey, P(A) = 0.138, P(B) = 0.261, and the probability that a household is both prosperous and educated is P(A and B) = 0.082. What is the probability P(A or B) that the household selected is either prosperous or educated?
Transcribed Image Text:4.112 Education and income. Call a household prosperous if its income exceeds $100,000. Call the household educated if the householder completed college. Select an American household at random, and let A be the event that the selected household is prosperous and B the event that it is educated. According to the Current Population Survey, P(A) = 0.138, P(B) = 0.261, and the probability that a household is both prosperous and educated is P(A and B) = 0.082. What is the probability P(A or B) that the household selected is either prosperous or educated?
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given data P(A) = 0.138P(B) = 0.261P(A and B) = 0.082P(A or B) = ?

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