Refer to Exercise 48. a. Make a Venn diagram to display the outcomes of this chance process
Question:
Refer to Exercise 48.
a. Make a Venn diagram to display the outcomes of this chance process using events L: reads the Los Angeles Times and W: reads the Wall Street Journal.
b. Find P(LC ∩ W).
Exercise 48.
In a large business hotel, 40% of guests read the Los Angeles Times. Only 25% read the Wall Street Journal. Five percent of guests read both papers. Suppose we select a hotel guest at random and record which of the two papers the person reads, if either. What’s the probability that the person reads the Los Angeles Times or the Wall Street Journal?
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