SOLUTION: The entertainment sports industry employs athletes, coaches, referees, and related workers. Of these, 0.35 work part time and 0.49 earn more than $20,540 annually. If 0.38 of these

Algebra ->  Probability-and-statistics -> SOLUTION: The entertainment sports industry employs athletes, coaches, referees, and related workers. Of these, 0.35 work part time and 0.49 earn more than $20,540 annually. If 0.38 of these      Log On


   



Question 1051047: The entertainment sports industry employs athletes, coaches, referees, and related workers. Of these, 0.35 work part time and 0.49 earn more than $20,540 annually. If 0.38 of these employees work full time and earn more than $20,540, what proportion of the industry's employees are full time or earn more than $20,540?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
P(A or B) = P(A) + P(B) - P(A and B)
p = .38 + (.38+ .49*.38) - .38 = .38 + .1862 = .5662 = 56.62%