Question: Are small and mid-sized business (SMB) owners concerned about limited access to money affecting their businesses? A sample of 150 female SMB owners and 146

Are small and mid-sized business (SMB) owners concerned about limited access to money affecting their businesses? A sample of 150 female SMB owners and 146 male SMB owners revealed the following results:

CONCERNED ABOUT LIMITED SMB OWNER GENDER ACCESS TO MONEY? Female Male Total

a. If a SMB owner selected is female, what is the probability that she is concerned about limited access to money affecting the business?
b. If a SMB owner selected is male, what is the probability that he is concerned about limited access to money affecting the business?
c. Is concern about limited access to money independent of SMB owner gender?

CONCERNED ABOUT LIMITED SMB OWNER GENDER ACCESS TO MONEY? Female Male Total Yes 38 20 58 No 112 126 238 Total 150 146 296

Step by Step Solution

3.41 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a b c PConcerned about limited access to money affecting the business Female 38 150 PConce... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Statistics For Managers Using Microsoft Excel Questions!