Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 05, 2024

so I have done this question wrong and here is the question, could you show the the way to analysis question and the answer Suppose

so I have done this question wrong and here is the question, could you show the the way to analysis question and the answer

Suppose it is known that 8% of students work full-time. Suppose it is also known that 62% of the population work full-time and that 21% of the population are students. If a randomly chosen member of the population is a full-time worker, what is the probability that he/she is a student?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

More Books

Students also viewed these Finance questions

Question

★★★★★

Name all the alcohols that have the formula C5H12O. How many ethers have the formula C5H12O?

Answered: 1 week ago

Question

★★★★★

Draw the block diagram for a counter that can count up, count down, and load. This counter, however, must saturate when counting up (at a programmable maximum count) and counting down (at zero).

Answered: 1 week ago

Question

★★★★★

Is there something else I need more?

Answered: 1 week ago

Question

★★★★★

Briefly describe some of the similarities and differences between GAAP and IFRS with respect to the accounting for stockholders equity.

Answered: 1 week ago

Question

★★★★★

What are advantages of cloud computing for a company moving from a traditional on premises computing model? ( Select TWO. ) the company can focus less on infrastrcuture

Answered: 1 week ago

Question

★★★★★

Fiscal Tools How should increasing taxes be utilized to maximize their effect in stabilizing the economy? How should decreasing government transfer taxes be utilized to maximize their effect in...

Answered: 1 week ago

Question

★★★★★

Construct and submit the Future State VSM using seconds for TT , PT , and CT calculations. Make the map fit on one page by turning the page landscape. The map must be legible and professional. Based...

Answered: 1 week ago

Question

★★★★★

1) If you were worth $1 Million at the end of World War II, calculate how much you would need today to maintain the same purchasing power as in 1945? 2) How much would Rockefellar's fortune be worth...

Answered: 1 week ago

Question

★★★★★

The client reaches out to the project team leader and asked about the timing and frequency of progress reports. When determining project progress and results using Agile methods, how is performance...

Answered: 1 week ago

Question

★★★★★

Option 2 PLEASE LABEL AND DRAW THE GRAPH ON PAPER, Remember: "Graph" or "illustrate" requires that you label all axes, curves, and points as indicated. If there is some type of shift, use an arrow to...

Answered: 1 week ago

Question

★★★★★

Freehand sketch an isometric, a 45-degree oblique, and an "informal" two-point perspective representation of the part ("informal" means, instead of following the canonical process to establish...

Answered: 1 week ago

Question

★★★★★

Give an example of how the principal-agent problem might prevent you from getting financing for something you want to do. Can you think of a way of overcoming this problem?

Answered: 1 week ago

Question

★★★★★

(Journal entries; assigning costs to jobs) Omega Engineers uses a job order costing system. On September 1, 2006, the company had the following ac count balances: a. Prepare journal entries for the...

Answered: 1 week ago

Question

★★★★★

, Journul entries; cost flows) Excellent Components began 2006 with three jobs in process: During 2006, the following transactions occurred: 1. The firm purchased and paid for $542,000 of raw...

Answered: 1 week ago

Previous Question Next Question