Answered You can hire a professional tutor to get the answer.

QUESTION

A study of 200 advertising firms revealed their income after taxes: Income after Taxes Number of Firms Under $1 million 102 $1 million to $20 million...

A study of 200 advertising firms revealed their income after taxes: 

Income after TaxesNumber of Firms

Under $1 million102

$1 million to $20 million 61

$20 million or more 37

a.What is the probability an advertising firm selected at random has under $1 million in income after taxes?

(Show work)

b.What is the probability an advertising firm selected at random has either an income between $1 million and $20 million, or an income of $20 million or more? What rule of probability was applied?

(Show work)

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question