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NEXT Chapter 04, Section 4.2, Problem 025 A sample of 400 large companies showed

ID: 3366326 • Letter: N

Question

NEXT Chapter 04, Section 4.2, Problem 025 A sample of 400 large companies showed that 140 of them offer free health fitness centers to their employees on the company premises Enter the exact answers a. If one company is selected at random from this sample, what is the probability that this company offers a free health fitness center to its employees on the company premises? Probability- b. What is the probability that this company does not offer a free health fitness center to its employees on the company premises? Probability- c. Do these two probabilities add to 1.02 Click if you would like to Show Work for this question: Open Show Work SAVE FOR LATER Question Attempts: 0 of 10 used rch

Explanation / Answer

Solution:

Total number of companies = 400

number of companies which offer free health fitness centers = 140

number of companies which does not offer free health fitness centers = 400 - 140 = 260

( a )

probability of randomly selecting company which offer free health fitness centers = p = 140 / 400 = 0.35

( b )

probability of randomly selecting company which does not offer free health fitness centers= q = 260/400 = 0.65

( c )

p + q = 0.35 + 0.65 = 1.00

Yes, these two probabilties add to 1.0