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Exercise 4.19 (Algo) METHODS AND APPLICATIONS Each month a brokerage house studies various companies and rates each company's stock as being either low risk or

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Exercise 4.19 (Algo) METHODS AND APPLICATIONS Each month a brokerage house studies various companies and rates each company's stock as being either "low risk" or "moderate to high risk in a recent report, the brokerage house summarized its findings about 28 cerospace companies and 18 food retailers in the following table Company Type Moderate to High Risk Merospace company 21 Food retailer 15 If we randomly select one of the total of 46 companies (a) Find the probability that the company's stock is moderate to high risk given that the firm is an oerospace company. (Round your answer to 4 decimal places.) Probability (b) Find the probability that the company's stock is moderate to high risk given that the firm is a food totaltet. (Round your answer to 4 decimal places.) Probably Proy 1 of 11 il Score answer > (c) Determine if the company type is independent of the level of risk of the firm's stock (Round your answers to 4 decimal places.) but the Pro) They are not equal Dependent Fortwo events to be independent. Pero Low) P(Aero). Pero Low)

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