SOLUTION: In a city 32% of residents are over 50 years of age. Of those residents over 50, 78% have some kind of retirement savings. What percent of the city residents are over 50 years of

Algebra ->  Probability-and-statistics -> SOLUTION: In a city 32% of residents are over 50 years of age. Of those residents over 50, 78% have some kind of retirement savings. What percent of the city residents are over 50 years of      Log On


   



Question 604050: In a city 32% of residents are over 50 years of age. Of those residents over 50, 78% have some kind of retirement savings. What percent of the city residents are over 50 years of age and have some kind of retirement savings?
Answer by flame8855(424) About Me  (Show Source):
You can put this solution on YOUR website!
32/100 * 78/100 = 0.2496
24.96 %