Shown again is the table indicating the marital status of the U.S. population in 2015. Numbers in the table are expressed in millions. Use the data in the table to solve Exercises 65-76. Express probabilities as simplified fractions and as decimals rounded to the nearest hundredth. MARITAL STATUS OF THE U.S. POPULATION, AGES 15 OR OLDER, 2015, IN MILLIONS Married Never Married Divorced Widowed Total Male 66 43 11 3 123 Female 67 38 15 11 131 Total 133 81 26 14 254 If one person is selected from the population described in the table, find the Probability, that the person 68. has never been married or is divorced. 107 254 ≈ 0.42
Shown again is the table indicating the marital status of the U.S. population in 2015. Numbers in the table are expressed in millions. Use the data in the table to solve Exercises 65-76. Express probabilities as simplified fractions and as decimals rounded to the nearest hundredth. MARITAL STATUS OF THE U.S. POPULATION, AGES 15 OR OLDER, 2015, IN MILLIONS Married Never Married Divorced Widowed Total Male 66 43 11 3 123 Female 67 38 15 11 131 Total 133 81 26 14 254 If one person is selected from the population described in the table, find the Probability, that the person 68. has never been married or is divorced. 107 254 ≈ 0.42
Solution Summary: The author explains the formula used to calculate the probability that the person has never been married or is divorced.
Shown again is the table indicating the marital status of the U.S. population in 2015. Numbers in the table are expressed in millions. Use the data in the table to solve Exercises 65-76. Express probabilities as simplified fractions and as decimals rounded to the nearest hundredth.
MARITAL STATUS OF THE U.S. POPULATION, AGES 15 OR OLDER, 2015, IN MILLIONS
Married
Never Married
Divorced
Widowed
Total
Male
66
43
11
3
123
Female
67
38
15
11
131
Total
133
81
26
14
254
If one person is selected from the population described in the table, find the Probability, that the person
68. has never been married or is divorced.
107
254
≈
0.42
To: [Boss's Name]
From: Nathaniel D Sain
Date: 4/5/2025
Subject: Decision Analysis for Business Scenario
Introduction to the Business Scenario
Our delivery services business has been experiencing steady growth, leading to an
increased demand for faster and more efficient deliveries. To meet this demand,
we must decide on the best strategy to expand our fleet. The three possible
alternatives under consideration are purchasing new delivery vehicles, leasing
vehicles, or partnering with third-party drivers. The decision must account for
various external factors, including fuel price fluctuations, demand stability, and
competition growth, which we categorize as the states of nature. Each alternative
presents unique advantages and challenges, and our goal is to select the most
viable option using a structured decision-making approach.
Alternatives and States of Nature
The three alternatives for fleet expansion were chosen based on their cost
implications, operational efficiency, and…
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