SOLUTION: A local bank report that 80% of its customers maintain a checking account 60% have a savings account and 50% have both. If a customer is chosen at random, what is the probability t

Question 922377: A local bank report that 80% of its customers maintain a checking account 60% have a savings account and 50% have both. If a customer is chosen at random, what is the probability the customer does not have either a checking or a saving account.? What is the probability the customers does not have either a checkings or savings account?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A local bank report that 80% of its customers maintain a checking account 60% have a savings account and 50% have both. If a customer is chosen at random, what is the probability the customer does not have either a checking or a saving account.? What is the probability the customers does not have either a checkings or savings account?
-----------
P(check OR savings) = 0.6+0.5-0.8 = 0.3
---
Ans: P(c OR s)' = 1 - 0.3 = 0.7
------------------------------------
Cheers,
Stan H.
------------------
RELATED QUESTIONS
The First National Bank of Wilson has 700 checking account customers. A recent sample of... (answered by ewatrrr)

The First National Bank of Wilson has 700 checking account customers. A recent sample of... (answered by oscargut)

The first national bank of wilson has 650 (population) checking account customers. A... (answered by robertb)

Smallville Bank has 650 checking accounts. A recent sample of 50 of these customers... (answered by stanbon)

Records at a particular bank show that if a customer at the bank is randomly selected,... (answered by stanbon)

I have knowledge about the calculating sample, but i am unable to solve this question for (answered by rothauserc)

Winchester community bank charges its customers $6 per monty plus 15 cents per check for... (answered by checkley77)

A local bank has determined that the daily balances of the checking accounts of its cut... (answered by ewatrrr)

John took all his money out his savings account. He spent $50 on a radio and 3/5 of what... (answered by oberobic)