SOLUTION: a particular survey indicates that 81% of 16 to 25 year olds had getting rich as a goal as compared to 62% of 26 to 35 year olds. Suppose that survey was based on 300 respondents f

Question 898795: a particular survey indicates that 81% of 16 to 25 year olds had getting rich as a goal as compared to 62% of 26 to 35 year olds. Suppose that survey was based on 300 respondents from each of the two groups.
1. what is the probability that a randomly selected respondent has a goal of getting rich?
2.are the events "age group" and "has getting rich as a goal" independent? explain

Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!

 

Hi

.81*300 = 243  and .62*300 = 186

1. P = (243 + 186)/600 

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