Question
A population of 5 households has the following household incomes: $30,000, $40,000, $50,000, $60,000, and $100,000. A simple random sample of size n =2 is
A population of 5 households has the following household incomes: $30,000, $40,000, $50,000, $60,000, and $100,000. A simple random sample of size n=2 is chosen from this population. What is the probability that the sum of the incomes in the sample is at least $100,000?
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