3. Clearly draw and label a Venn Diagram for the data, including all 4 probabilities. 4. What is the probability that a randomly selected employee is younger than 40 and doesn't have an IRA? Desired Probabiiiw: P( l ' 5. What is the probability that a randomly selected employee has an IRA? Desired Probabiiiiy: P( ) ' 6. If a randomly selected employee does not have an IRA, what is the probability the employee is at least 40 years old? Desired Prababiiiw: P( l ' '7. What is the probability that a randomly selected employee has an IRA or is 40 or older? Desired Probabiiim P( l ' Probability Formulas: PM\") - l - PM) P(A or B) . PM U B) - HA) + P(B) - P(A Fl B) P(A n a} P(A and B) - P(A n B) - PM | B) - P(B) PM I a) ' PU?)