In a large city 14, 000 workers lost their jobs last year. Op them 7600 lost the
ID: 3181102 • Letter: I
Question
In a large city 14, 000 workers lost their jobs last year. Op them 7600 lost their jobs because their companies closed down or moved, 4700 lost their jobs due to insufficient work and the remainder lost their jobs because their positions were abolished. A) If one of those 14, 000 workers is selected at random. Find the probability that this worker lost his/her job due to insufficient work. The probability is? B) If one of those 14, 000 workers is selected at random find the probability that this worker lost his/her job because the position was abolished.Explanation / Answer
Solution:-
a) Probability that the worker lost his job due to insufficient work = 0.3357.
Total number of workers = 14,000
Number of workers who lost their job due to insufficient work = 4,700
Probability that the worker lost hos job due to insufficient work = 4,700/14,000
Probability that the worker lost his job due to insufficient work = 0.3357
b) Probability that the worker lost his job beacuse the position was abolished = 0.1214.
Total number of workers = 14,000
Number of workers who lost their job beacuse the position was abolished = 14,000 - 4,700 - 7600 = 1,700
Probability that the worker lost his job beacuse the position was abolished = 1,700/14,000
Probability that the worker lost his job beacuse the position was abolished = 0.1214.
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.