10.00 points A recent survey reported in BloombergBusinessweek dealt with the sa

Question

10.00 points A recent survey reported in BloombergBusinessweek dealt with the salanies of CEOs at large corporations and whether company shareholders made money or lost money CEO made CEO made more than less than $1 million$1 mi 21 12 15 Shareholders made money Shareholders lost money Total 13 20 If a company is randomly sèlected from the list of 33 studied, what is the probability a. The CEO made more than -1 milion (Round your answers to 3 decimal places) Probability b. The CEO made more than $1 million or the shareholders lost money (Round your answers decimal places.) Probability c. The CEO made more than $1 mition given the shareholders lost money (Round your answers to a decimal places.) Probability d. Selecting two CEOs and tnding they both made more than $1 milion? (Round your answers to 3 decimal places.) References Book & Resources check my work O Type here to search ?

Explanation / Answer

Solution:-

a. probability = 13/33 = 0.3939 = 0.394(rounded)

b. probability = (13+12-7)/33 = 18/33 = 0.5454 = 0.545 (rounded)

c. probability = 8/14 = 0.571 (rounded)

d. probability = (13/33)*(12/32) = 0.148

  

  

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