Probability that economic conditions are good

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Q1) Table below signifies results of a survey of 500 Households in Q1 2005:

 

Current Economic conditions are GOOD

Current Economic conditions are FAIR

Current Economic conditions are BAD

Jobs Are HARD To Get

25

145

70

Jobs Are EASY To Get

100

145

15

a) If Household is selected at random, find out the probability that it feels economic conditions are good?

b) If Household is selected at random, find out the probability that it feels Jobs are easy to get?

c) If a Household is selected at random, find out the probability that it feels Jobs are hard to get and economic conditions are bad?

d) Given that a household feels Jobs are hard to get, find out the probability that it feels current economic conditions are fair?

e) Given that a household feels economic conditions are good, what is the probability that it feels Jobs are hard to get?

f) Find out the probability a randomly chosen Household feels Jobs are hard to get or economic conditions are bad?

Reference no: EM1320556

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