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A study of 204 advertising firms revealed their income after taxes: Income after Taxes Number of Firms Under $1 million 88 $1 million to $20

A study of 204 advertising firms revealed their income after taxes:

Income after Taxes Number of Firms
Under $1 million 88
$1 million to $20 million 52
$20 million or more 64

  1. What is the probability an advertising firm selected at random has under $1 million in income after taxes? (Round your answer to 2 decimal places.)

  1. b-1. What is the probability an advertising firm selected at random has either an income between $1 million and $20 million, or an income of $20 million or more? (Round your answer to 2 decimal places.)

  1. b-2. What rule of probability was applied?

  • Rule of complements only

  • Special rule of addition only

  • Either

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