3. At a university with 1,000 business majors, there are 200 business students enrolled in an introductorystatistics course. Of these 200 students, 50 are also enrolled in an introductory accounting course. Thereare an additional 250 business students enrolled in accounting but not enrolled in statistics. If a businessstudent is selected at random, what is the probability that the student is enrolled in both statistics andaccounting?a. 0.05b. 0.06AdminProductionCash bonus3080c. 0.204. A company offered each of its employees a choice of three performance bonus options: a cash bonusoption, a profit-sharing option and a shares option. The number of employees who selected each bonusoption together with their work function (administration or production) is shown in the following cross-tabulation (two-way pivot) table.Profit sharing2020d. 0.59d. 0.25e. 0.7e. None of the aboveShares option70150If income tax must only be paid on the cash bonus or the profit-sharing option, what is the probabilitythat an employee selected a tax-free bonus option?a. 0.3 b. 0.4 c.0.53

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3. At a university with 1,000 business majors, there are 200 business students enrolled in an introductory statistics course. Of these 200 students, 50 are also enrolled in an introductory accounting course. There are an additional 250 business students enrolled in accounting but not enrolled in statistics. If a business student is selected at random, what is the probability that the student is enrolled in both statistics and accounting? a. 0.05 b. 0.06 c. 0.20 d. 0.25 e. None of the above

3. At a university with 1,000 business majors, there are 200 business students enrolled in an introductory statistics course. Of these 200 students, 50 are also enrolled in an introductory accounting course. There are an additional 250 business students enrolled in accounting but not enrolled in statistics. If a business student is selected at random, what is the probability that the student is enrolled in both statistics and accounting? a. 0.05 b. 0.06 c. 0.20 d. 0.25 e. None of the above

Calculus For The Life Sciences

2nd Edition

ISBN:9780321964038

Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Chapter12: Probability

Section12.CR: Chapter 12 Review

Problem 8CR

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