Managerial statistics

of 4 nanagement of an organization is tracking employee salaries. The result is shown V . Salary Number of staff members $40,000 10 $50,000 15 $60,000 20 $70,000 13 $80,000 11 3 of 4 Assignment #2 - Managerial Statistics (16:250) Required What is the probabilities that a staff member selected at random: a. Makes $40,000 per year b. Makes at most $60,000 per year c. Makes at least $70,000 per year. 3. University students in Manitoba were asked about their daily commute to campus. The result is shown below Car Bus Walked Total Brandon University 150 195 200 545 University of Winnipeg 275 160 180 615 Total 425 355 380 1160 Required a. Generate a joint probability table for the data presented. b. What do the marginal probabilities indicate about the probabilities associated with each university? c. What do the marginal probabilities indicate about the probabilities of the daily commute to school? d. If a student was chosen from Brandon University, what is the probability that the student drove a car to school