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3. Two thousand randomly selected adults were asked if they think they are financially better off than their parents. The following contingency table gives their
3. Two thousand randomly selected adults were asked if they think they are financially better off than their parents. The following contingency table gives their responses based on education levels of people included in the survey and whether they are financially better off, the same, or worse off than their parents Less than high High school More than high Total school school Better off 420 1010 Same 60 110 420 Worse off 70 570 Total 2000 (a) What is the probability that a selected adult did not graduate from high school and is financially better off than their parents (b) What is the probability the selected adult has an education level higher than high school? (c) What is the probability the selected adult is financially worse off than their parents? (d) Among adults with high school education (higher education level not included), what is the probability the adult is financially the same as their parents? {e} What is the probability that a selected adult has higher than high school education or is financially better off than their parents? (f) Are having less than high school education and being financially better off than their parents independent? (g) Are having less than high school education and being financially better off than their parents mutually exclusive
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