In: Advanced Math
A study conducted by the Metro Housing Agency in a midwestern city revealed the following information concerning the age distribution of renters within the city. (Round your answers to four decimal places.)
Age | Adult Population, % | Group Who Are Renters, % |
---|---|---|
21-44 | 47 | 63 |
45-64 | 35 | 39 |
65 and over | 18 | 58 |
(a) What is the probability that an adult selected at random
from this population is a renter?
(b) If a renter is selected at random, what is the probability that
he or she is in the 21-44 age bracket?
(c) If a renter is selected at random, what is the probability that
he or she is 45 years old or older?