Fortune magazine publishes an annual list of the 500 largest companies in the United States. The following
Question:
Fortune magazine publishes an annual list of the 500 largest companies in the United States.
The following data show the five states with the largest number of Fortune 500 companies
(The New York Times Almanac, 2006).
Suppose a Fortune 500 company is chosen for a follow-up questionnaire. What are the probabilities of the following events?
a. Let N be the event the company is headquartered in New York. Find P(N).
b. Let T be the event the company is headquartered in Texas. Find P(T).
c. Let B be the event the company is headquartered in one of these five states. Find P(B).
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Related Book For 
Statistics For Business And Economics
ISBN: 9780324783247
11th Edition
Authors: Thomas A. Williams, Dennis J. Sweeney, David R. Anderson
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