Does it pay to ask for a raise? A national survey of heads of households showed
ID: 3155396 • Letter: D
Question
Does it pay to ask for a raise? A national survey of heads of households showed the percentage of those who asked for a raise and the percentage who got one. According to the survey, of the women interviewed, 22% had asked for a raise, and of those women who had asked for a raise, 45% received the raise. If a woman is selected at random from the survey population of women, find the following probabilities. (Enter your answers to three decimal places.)
(a) P(woman asked for a raise)
(b) P(woman received raise, given she asked for one)
(c) P(woman asked for raise and received raise)
Explanation / Answer
a.) P(women asked for a raise)=22% (no calculation needed; it's right in the problem statement in black and white)
b.) P(woman received raise, given she asked for one)=45%(same deal, this is asking what percentage of women who asked for a raise got one.)
c.) P(woman asked for raise and received raise)=.22*.45=.099=9.9%
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