The following table shows the relative frequency of executive salaries a particular organization. Event Salary range Relative Frequency A Under K60000 0.09 B K60000 under K70,000 0.21 C K70,00 under K80,000 0.28 D K80,000 under K90,000 0.15 E K90,000 under K100,000 0.23 F K100,000 or more 0.04 Total 1 (i) Determine the probability that a randomly selected executive has a salary greater than or equal to k70,000 but less than k100,000. (ii) Determine the probability that a randomly selected executive has a salary that is either less than k60,000 or greater than or equal to k90,000. (iii) Are the events A through F mutually exclusive?
The following table shows the relative frequency of executive salaries a particular organization. Event Salary range Relative Frequency A Under K60000 0.09 B K60000 under K70,000 0.21 C K70,00 under K80,000 0.28 D K80,000 under K90,000 0.15 E K90,000 under K100,000 0.23 F K100,000 or more 0.04 Total 1 (i) Determine the probability that a randomly selected executive has a salary greater than or equal to k70,000 but less than k100,000. (ii) Determine the probability that a randomly selected executive has a salary that is either less than k60,000 or greater than or equal to k90,000. (iii) Are the events A through F mutually exclusive?
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
The following table shows the relative frequency of executive salaries a
particular organization.
Salary |
Relative Frequency | |
A | Under K60000 | 0.09 |
B | K60000 under K70,000 | 0.21 |
C | K70,00 under K80,000 | 0.28 |
D | K80,000 under K90,000 | 0.15 |
E | K90,000 under K100,000 | 0.23 |
F | K100,000 or more | 0.04 |
Total | 1 |
(i) Determine the probability that a randomly selected executive has a salary
greater than or equal to k70,000 but less than k100,000.
(ii) Determine the probability that a randomly selected executive has a salary
that is either less than k60,000 or greater than or equal to k90,000.
(iii) Are the events A through F mutually exclusive?
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