Farms. Refer to Exercise 4.114. A U.S. farm is selected at random.

a. Use the letters in the margins of the contingency table to represent each of the following three events: The farm obtained (i) has between 180 and 500 acres, (ii) is part-owner operated, and (iii) is full-owner operated and has at least 1000 acres.

b. Compute the probability of each event in part (a).

c. Construct a joint percentage distribution, a table similar to a joint probability distribution except with percentages instead of probabilities.

Extending the Concepts and Skills