The personnel department of Franklin National Life Insurance compiled the accompanying data regarding the income and education of its employees.   Income     $60,000 or Below     Income     Above $60,000     Noncollege Graduate     1950

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.8: Probabilities Of Disjoint And Overlapping Events
Problem 2C
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The personnel department of Franklin National Life Insurance compiled the accompanying data regarding the income and education of its employees.

  Income
    $60,000 or Below    
Income
    Above $60,000    
Noncollege Graduate     1950 880
College Graduate 420 750

Let A be the event that a randomly chosen employee has a college degree, and let B be the event that the chosen employee's income is more than $60,000.

(a) Find each of the following probabilities. (Round your answers to four decimal places.)
P(A)
P(B)
P(A  B)
P(B | A)
P(B | Ac)

 

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