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Question: The U.S. Census Bureau provides data on the number of young adults, ages 18-24. who are living in their parents; home; Let

M = the event a male young adult is living in his parents; home

F = the event a female young adult is living in her parents; home

If we randomly select a male young adult and a female young adult, the Census Bureau data enable us to conclude P(M) = .56 and P(F) = .42 (The World Almanac, 2006). The probability that both are living in their parents; home is .24.

a. What is the probability at least one of the two young adults selected is living in his or her parents; home?

b. What is the probability both young adults selected are living on their own (neither is living in their parents; home)?

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Management Theories, Management Studies

Category:- Management Theories
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