document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1068020>Question 1068020</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A corporation is evaluating a proposed merger. The board of directors surveyed 55 stockholders concerning their position on the merger. The results are reported below: (Round the final answers to 1 decimal place.)\r<BR>\n" );
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document.write( "	 	 	Opinion<BR>\n" );
document.write( "Number of Shares Held	Favour	Opposed	Undecided	Total<BR>\n" );
document.write( "Under 200	 	7	 	5	 	4	 	16	 \r<BR>\n" );
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document.write( "200 to under 1000	5	 	9	 	3	 	17	 \r<BR>\n" );
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document.write( "1000 or more	 	7	 	12	 	3	 	22	 \r<BR>\n" );
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document.write( "Total	 	       19	       26	 	10	 	55	 <BR>\n" );
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document.write( "a.	What is the probability that a stockholder holds 1000 or more shares?<BR>\n" );
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document.write( " 	  Probability	\r<BR>\n" );
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document.write( "b.	What is the probability that a stockholder holds less than 200 shares and is in favour of the merger?<BR>\n" );
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document.write( " 	  Probability	\r<BR>\n" );
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document.write( "c.	What is the probability that a stockholder holds between 200 to under 1000 shares or is opposed to the merger?\r<BR>\n" );
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document.write( " 	  Probability	<BR>\n" );
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document.write( "d.	What is the probability that a stockholder holds under 200 shares given that he/she is opposed to the merger?\r<BR>\n" );
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document.write( " 	  Probability	<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #683184 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=683184\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A corporation is evaluating a proposed merger. The board of directors surveyed 55 stockholders concerning their position on the merger. The results are reported below: (Round the final answers to 1 decimal place.)<BR>\n" );
document.write( "	 	 	Opinion<BR>\n" );
document.write( "Number of Shares Held	Favour	     Opposed	    Undecided	      Total<BR>\n" );
document.write( "Under 200	 	7	 	5	 	4	 	16	 <BR>\n" );
document.write( "200 to under 1000	5	 	9	 	3	 	17	 <BR>\n" );
document.write( "1000 or more	 	7	 	12	 	3	 	22	 <BR>\n" );
document.write( "Total	 	       19	        26             10	 	55	 <BR>\n" );
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document.write( "a.	What is the probability that a stockholder holds 1000 or more shares?<BR>\n" );
document.write( " 	  Probability = 22/55<BR>\n" );
document.write( "b.	What is the probability that a stockholder holds less than 200 shares and       is in favour of the merger? Probability = 7/55<BR>\n" );
document.write( "c.	What is the probability that a stockholder holds between 200 to under 1000 shares or is opposed to the merger?  Probability = (16+26-5)/55 = 37/55	<BR>\n" );
document.write( " d.	What is the probability that a stockholder holds under 200 shares given that he/she is opposed to the merger? Probability(<200 | against merger)<BR>\n" );
document.write( "= 5/26<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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document.write( " 	  <BR>\n" );
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