There are about 128.6 households in the US; and of these, about 13.1 million have annual household income below $15000. There are also about 18.1 million black households in the US; and of these, about 3.4 million have annual household income below $15000. Suppose we pick a US household at random.

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There are about 128.6 households in the US; and of these, about 13.1
million have annual household income below $15000.
There are also about 18.1 million black households in the US; and of
these, about 3.4 million have annual household income below
$15000.
Suppose we pick a US household at random.
What is the probability the household is black?
What is the probability the household is earning less than $15000 a
year?
What is the probability the household is both black AND earning less
than $15000 a year?
What is the probability that the household is either black OR earning
less than $15000 a year?
Transcribed Image Text:There are about 128.6 households in the US; and of these, about 13.1 million have annual household income below $15000. There are also about 18.1 million black households in the US; and of these, about 3.4 million have annual household income below $15000. Suppose we pick a US household at random. What is the probability the household is black? What is the probability the household is earning less than $15000 a year? What is the probability the household is both black AND earning less than $15000 a year? What is the probability that the household is either black OR earning less than $15000 a year?
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