Question
A recent survey reported in BusinessWeek concerned the salaries of chief executive officers (CEOs) at large corporations and whether company shareholders made or lost money.
A recent survey reported inBusinessWeekconcerned the salaries of chief executive officers (CEOs) at large corporations and whether company shareholders made or lost money.(Round the finalanswers to 3 decimal places.)
CEO Paid More
Than $1 Million CEO Paid Less
Than $1 Million TotalShareholders made money31013Shareholders lost money6511Total91524
If a company is randomly selected from the list of 24 studied, what is the probability:
a.That the CEO made more than $1 million?
Probability
b.That the CEO made more than $1 million, or the shareholders lost money?
Probability
c.That the CEO made more than $1 million given the shareholders lost money?
Probability
d.Of selecting two CEOs and finding they both made more than $1 million?
Probability
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Algebra 2
Authors: Randall I. Charles, Basia Hall, Dan Kennedy, Laurie E Bass
Student Edition
0133500438, 978-0133500431
