In: Math
The table shows the results of a survey in which 142 men and 145 woman workers age 25 to 64 were asked if they have at least one months income set aside for emergencies. Complete parts a-d. a.) Find the probability that a randomly selected worker has one months income or more set aside for emergencies. b.) Given that a randomly selected worker is male find the probability that the worker has less than one months income. c.) Given that a randomly selected woker has one months income or more, find the probablitly that the worker is female. d.) Are the events "having less than one months income saved" and "being male" independant?
men | woman | total | |
less than one months income | 65 | 83 | 148 |
one months income or more | 77 | 62 | 139 |
total | 142 | 145 | 287 |
a.) Find the probability that a randomly selected worker has one months income or more set aside for emergencies.
The number of workers has one months income or more set aside for emergencies = 139
Total workers has set aside for emergencies = 287
Therefore required probability = 139/287 = 0.484321
b.) Given that a randomly selected worker is male find the probability that the worker has less than one months income.
The total number of males = 142
There are 65 workers who are male and less than one month income.
So required probability is = 65/142 = 0.457746
c.) Given that a randomly selected woker has one months income or more, find the probablitly that the worker is female.
The total number of workers who has one months income or more are 139
There are total 62 females who has one months income or more
So the required probability is 62/139 = 0.446043
d) Let's denote the events as
A = workers having less than one months income saved
and B = workers "being male"
THerefore P( A and B) = 65/287 = 0.226481
P(A) = 148/287
P(B) = 142/287
P(A)*P(B) = (148/287)*142/287) = 0.255145 which is not equal to P(A and B)
So the given two events are not independent.
Probability of an event "having less than one months income saved" is = 148/287