Calculus: Early Transcendentals
8th Edition
ISBN: 9781285741550
Author: James Stewart
Publisher: Cengage Learning
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In the provided table, the education information and incomes of 73,736 people are given. The rows are labeled with education status and the columns are labeled with income range.
The total of all entries in each row gives the total number of people with the corresponding education status and similarly, the total of all entries of a particular column gives the number of people with the corresponding income range.
Please answer subpart 4 and 5.
Expert Solution
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Step 1
4
Probability of a person having income below 50000
= (13106+18490)/73736
=0.4285
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