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4-8. The results of a census of 2,500 employees of a mid- sized company with 401(k) retirement accounts are as follows: Account Balance (to nearest
4-8. The results of a census of 2,500 employees of a mid- sized company with 401(k) retirement accounts are as follows: Account Balance (to nearest $) $100,000 Male 635 185 515 155 Female 495 210 260 45 Suppose researchers are going to sample employees from the company for further study. a. Based on the relative frequency assessment method, what is the probability that a selected employee will be a female? randomly randomly b. Based on the relative frequency assessment method, what is the probability that a r selected employee will have a 401(k) account balance of between $25,000 and $49,999? c. Compute the probability that a randomly selected
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