The incomes of all families in a particular suburb can be represented by a continuous random variable.
Question:
a. For a randomly chosen family, what is the probability that its income will be between $60,000 and $72,000?
b. Given no further information, what can be said about the probability that a randomly chosen family has an income below $65,000?
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Related Book For
Statistics For Business And Economics
ISBN: 9780132745659
8th Edition
Authors: Paul Newbold, William Carlson, Betty Thorne
Question Posted:
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