A bank has the following data on the gender and marital, Ask an Expert

Economics

A bank has the following data on the gender and marital status of 400 customers. An experiment consists of selecting one of these customers at random.

Male Female Total

Single 40 60 100

Married 200 100 300

Total 240 160 400

A. What is the probability of selecting a customer who is single?

B. What is the probability of selecting a customer who is married and male?

C. What is the probability of selecting a customer who is married or male?

D. If a customer is male, what is the probability that he is single?

E. Are gender and marital status independent events? Show proof.

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91803285

Have any Question?Write your Review or question?

Related Questions in Business Economics

Could you please help me to solve the following economics

Could you please help me to solve the following economics question? "Universal Studios has decided to open a new theme park called Universal Studios Indiana. It will feature the usual attractions other Universal Studios ...

Carefully explain how the negative price elasticity of

Carefully explain how the negative price elasticity of demand affect the revenue or profit of an organization?

Suppose the production function for a firm is given

Suppose the production function for a firm is given by: q=4L 0.5 K 0.25 . In the short run, the firm has 16 units of capital. Find the Marginal Product of Labor (MP L ). Fill in the appropriate numbers in the function ...

Liquidity ratios burts tvs has current liabilities of 258

Liquidity Ratios Burt's TVs has current liabilities of $25.8 million. Cash makes up 48 percent of the current assets and accounts receivable makes up another 28 percent of current assets. Burt's current ratio = .93 times ...

Can you someone help me highlight the mistakes andor

Can you someone help me highlight the mistakes and/or half-truths in each of the following statements. a. If one looks at the budget incidence the poor in South Africa benefit most from the budget of government. b. Expen ...

I would like know what issues are in us about controlling

I would like know what issues are in US about controlling pharmaceutical costs related to healthcare delivery, economics and policy. Who are the stakeholders and what are their role and the cause and effect?

The question is suppose z sim n01 a find c such that pz le

The question is: Suppose Z ∼ N(0,1). (a) Find c such that P(Z ≤ c) = 0.75. (b) With respect to the standard normal distribution, what would be an appropriate name to call c?

Describe two factors contributing to the gender pay gap

Describe two factors contributing to the gender pay gap. Write one equation or one graph for each. What policies could the government pursue to address each factor? Should the government do so?

Model this situation using a game tablehawk and dovenbsptwo

Model this situation using a game table. Hawk and Dove: Two animals are fighting over some prey. Each can be passive or aggressive. Each prefers to be aggressive if the other is passive, and passive if the other is agg ...

Model this situation using a game tablehawk and dovenbsptwo

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert

Economics

Related Questions in Business Economics

Could you please help me to solve the following economics

Carefully explain how the negative price elasticity of

Suppose the production function for a firm is given

Liquidity ratios burts tvs has current liabilities of 258

Can you someone help me highlight the mistakes andor

I would like know what issues are in us about controlling

The question is suppose z sim n01 a find c such that pz le

Describe two factors contributing to the gender pay gap

Model this situation using a game tablehawk and dovenbsptwo

Model this situation using a game tablehawk and dovenbsptwo

Ask Experts for help!!

Looking for Assignment Help?

Why might a bank avoid the use of interest rate swaps even

Describe the difference between zero coupon bonds and

Compute the present value of an annuity of 880 per year

Compute the present value of an 1150 payment made in ten

Compute the present value of an annuity of 699 per year

Follow Us