Finite Math and Applied Calculus (6th Edition)

Published by Brooks Cole
ISBN 10: 1133607705
ISBN 13: 978-1-13360-770-0

Chapter 7 - Section 7.3 - Probability and Probability Models - Exercises: 47a

Answer

$0.932$

Work Step by Step

$E=${Current,Past Due} $fr(E)=136,330+53,310=189,640$ $N=203,480$ $P(E)=\frac{fr(E)}{N}=\frac{189,640}{203,480}\approx 0.932$
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