A study conducted by the Metro Housing Agency in a midwestern city revealed the

Question

A study conducted by the Metro Housing Agency in a midwestern city revealed the following information concerning the age distribution of renters within the city. (Round your answers to four decimal places.)

(a) What is the probability that an adult selected at random from this population is a renter?


(b) If a renter is selected at random, what is the probability that he or she is in the 21-44 age bracket?


(c) If a renter is selected at random, what is the probability that he or she is 45 years old or older?

Age Adult Population, % Group Who Are Renters, % 21-44 43 57 45-64 32 44 65 and over 25 58

Explanation / Answer

from above given table:

a) probability that an adult selected at random from this population is a renter =159/259=0.6139

b)probabilty =57/159=0.3585

c))probabilty =(44+58)/159=0.6415

Age Adult Population, % Group Who Are Renters, % total 21-44 43 57 100 45-64 32 44 76 65 and over 25 58 83 total 100 159 259

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