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Mathematics, 12.08.2021 17:30 research73

The personnel department of Franklin National Life Insurance compiled the accompanying data regarding the income and education of its employees. Income $60,000 or Below Income Above $60,000 Noncollege Graduate 2030 820 College Graduate 440 710 Let A be the event that a randomly chosen employee has a college degree, and let B be the event that the chosen employee's income is more than $60,000. (a) Find each of the following probabilities. (Round your answers to four decimal places.) P(A) = .2900 Incorrect: Your answer is incorrect. P(B) = .3825 Correct: Your answer is correct. P(A intersection B) = .1775 Correct: Your answer is correct. P(B | A) = .6121 Incorrect: Your answer is incorrect. P(B | Ac) = .2887 Incorrect: Your answer is incorrect. (b) Are the events A and B independent events? Yes No Correct: Your answer is correct.

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