To calculate: The probability that a household has an annual income of less than
Answer to Problem 65AYU
Solution:
The probability that a household has an annual income of less than
Explanation of Solution
Given information:
The following table contains the data of a survey of annual incomes in
Formula used:
If
Calculation:
Total number of households are
Let event
According to given table, an income of less than
There are
There are
Therefore the total number of households with an income of less than
Using the formula for probability of an event,
Therefore, the probability that a household has an annual income of less than
Chapter 13 Solutions
Precalculus
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