Project #19040 - Statistics for Business and Economics

 

25. The U.S. Census Bureau provides data on the number of young adults, ages 18–24, who

are living in their parents’ home.1 Let

M _ the event a male young adult is living in his parents’ home

F _ the event a female young adult is living in her parents’ home

If we randomly select a male young adult and a female young adult, the Census Bureau

data enable us to conclude P(M) _ .56 and P(F) _ .42 (The World Almanac, 2006). The

probability that both are living in their parents’ home is .24.

a. What is the probability at least one of the two young adults selected is living in his or

her parents’ home?

b. What is the probability both young adults selected are living on their own (neither is

living in their parents’ home)?

1The data include single young adults who are living in college dormitories because it is assumed these young adults will

return to their parents’ home when school is not in session.

 

 

 

Statistics for Business and Economics,

Eleventh Edition

David R. Anderson, Dennis J. Sweeney,

Thomas A. Williams

 

Juan Perez

787-612-6312

jfpp@live.com

 

Subject Business
Due By (Pacific Time) 12/06/2013 06:00 pm
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