Question

In: Finance

A recent survey examined the use of social media platforms. Suppose the survey found that there...

A recent survey examined the use of social media platforms. Suppose the survey found that there is a 0.61 probability that a randomly selected person will use Facebook and a 0.28 probability that a randomly selected person will use LinkedIn. In addition, suppose there is a 0.26 probability that a randomly selected person will use both Facebook and LinkedIn.

(a)

What is the probability that a randomly selected person will use Facebook or LinkedIn?

(b)

What is the probability that a randomly selected person will not use either social media platform?

Solutions

Expert Solution


Related Solutions

A social media survey found that 67​% of parents are​ "friends" with their children on a...
A social media survey found that 67​% of parents are​ "friends" with their children on a certain online networking site. A random sample of 140 parents was selected. Complete parts a through d below.
A social media survey found that 71% of parents are​ "friends" with their children on a...
A social media survey found that 71% of parents are​ "friends" with their children on a certain online networking site. A random sample of 140 parents was selected. Complete parts a through d below. a. Calculate the standard error of the proportion. sigma Subscript p equals0.0383 ​(Round to four decimal places as​ needed.) b. What is the probability that 105 or more parents from this sample are​ "friends" with their children on this online networking​ site? ​P(105 or more parents...
Critically examine how the deployment and use of Social Media platforms by the        Metropolitan, Municipal...
Critically examine how the deployment and use of Social Media platforms by the        Metropolitan, Municipal and District Assemblies (MMDAs) can help curb illegal mining     activities in Ghana. Give examples to illustrate your points.
Discuss your own experience with social media and whether you believe that social media platforms such...
Discuss your own experience with social media and whether you believe that social media platforms such as Facebook have some social obligation to ethical causes. Are social media platforms too commercial? Cite examples in support or your position. Explain your position on how well you believe most social media privacy filters and safeguards work, citing examples from your personal experience or research on the topic. 150 words.
Identify the key social media platforms you will use to drive traffic to your online store...
Identify the key social media platforms you will use to drive traffic to your online store and how you plan to engage your customers.
potential downsides of leaving censorship up to the social media platforms, given that nearly all the...
potential downsides of leaving censorship up to the social media platforms, given that nearly all the big tech companies are headquartered in the US. Do you think this is a legitimate concern for other countries, i.e., that all information flow or the main "narrative" everyone sees will be largely dictated by American public and norms? Is it so much a matter of censorship OR a resistance to Americanization or a monopolization of information?
how do sessions and cookies come in play on social media platforms ? provide steps for...
how do sessions and cookies come in play on social media platforms ? provide steps for the process of loggin in , and checking your newsfeed , explain how sessions and cookies are involved
Businesses both large and small are flocking to social media platforms to engage consumers in conversations...
Businesses both large and small are flocking to social media platforms to engage consumers in conversations and also to drive sales through deals and coupons. Small businesses have found that social media and the Internet help them to level the playing field. They can foster closer relationships with clients and identify potential customers. Flirty Cupcakes owner Tiffany Kurtz says that Facebook and Twitter greatly helped her with product innovation, market expansion, and customer service. Many other entrepreneurs are using social...
identify two advantages and two disadvantages of SERMO and Doximity as social media platforms for medical...
identify two advantages and two disadvantages of SERMO and Doximity as social media platforms for medical and healthcare applications
China has a number of parallel social media platforms that serve the same purpose as mainstream...
China has a number of parallel social media platforms that serve the same purpose as mainstream social media in the Western world. What are the implications of this?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT