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Review case retirement benefits versus salary

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Reference no: EM131557995

Question: RETIREMENT BENEFITS VERSUS SALARY In a survey conducted in 2007 of 1402 workers 18 yr and older regarding their opinion on retirement benefits, the following data were obtained: 827 said that it was better to have excellent retirement benefits with a lower-than-expected salary, 477 said that it was better to have a higher-than-expected salary with poor retirement benefits, 42 said "neither," and 56 said "not sure." If a worker in the survey is selected at random, what is the probability that he or she answered that it was better to have

a. Excellent retirement benefits with a lower-than-expected salary?

b. A higher-than-expected salary with poor retirement benefits?

Reference no: EM131557995

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