Elucidate what is the probability that a randomly

Assignment Help Business Economics
Reference no: EM1362697

Employment data at a large company revel that 72% of the workers are married, that 44% are college grads,and half of the college grads are married.What is the probability that a randomly chosen worker;

a) is neither married nor a college grad

b) is married but not a college grad

c) is married or a college grad

Reference no: EM1362697

Questions Cloud

What is the speed of sound in water : A sound wave moving through water has a frequency of 256Hz and a wavelength of 5.77m.What is the speed of sound in water.
Manage the cost of processing orders : Manage the cost of processing orders - How might an operations manager use this information to manage the cost of processing orders?
Explain the similar bonds without a conversion feature : Explain the Similar bonds without a conversion feature returned 10% at the time and The bond is convertible into stock at a price of $35
Emerging trends in accounting : Assume that actual cash inflows turn out to be $91,000 per year. Determine the amount of Mr. Holt's bonus if the original computation of net present value were based on $90,000 versus $70,000.
Elucidate what is the probability that a randomly : Employment data at a large company revel that 72% of the workers are married, that 44% are college grads,and half of the college grads are married. Elucidate what is the probability that a randomly chosen worker;
Write program that asks user for initial : Write a program that asks a user for his/her first initial. Then ask the user to type 1,2 3, 4. When the user types 4 the program ends. When the user types in 1, 2, or 3 , the program displays the message.
Assume that the speeder maintains a constant speed : A speeding motorist traveling 100km/h passes a stationary police officer. The officer immediately begins pursuit at a constant acceleration of 12km/h/s (note the mixed units).
Factors of dietary supplements : What factors must you consider before taking dietary supplements? In what ways are they helpful or harmful?
Determine the gain from merger : Velcro Saddles is planning the acquisition of Pogo Ski Sticks, Corporation. The values of the two companies as separate entities are $20 million and $10 million, respectively.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd