Introductory Statistics 9th Edition

Published by Wiley
ISBN 10: 1-11905-571-7
ISBN 13: 978-1-11905-571-6

Chapter 4 - Section 4.2 - Calculating Probability - Exercises - Page 140: 4.26

Answer

Let A denote the workers who lost their jobs because their companies closed down or moved, and f denote the total number of workers. P(A) = $\frac{A}{n}$ $= \frac{7400}{15,000}$ =0.493 Let B denote the workers who lost their jobs due to insufficient work P(B) =$\frac{f}{n}$ $= \frac{4600}{15,000}$ =0.307 Let C denote the workers who lost their jobs because the position was abolished P(because he position was abolished) = $\frac{C}{n}$ $= \frac{3000}{15,000}$ =0.2 P(A)+P(B)+P(C)= 0.493+0.307+0.2 =1

Work Step by Step

These probabilities add to 1.0, because according to the second properties of probabilities, the sum of the probabilities of final outcomes for an experiment is always 1.
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