Find the Indicated Probability

question 80

Multiple Choice

Find the indicated probability.
-The following table displays a distribution for a group of retired people by career and age at retirement. Suppose one of these people is selected at random. Find the probability that the person was a
Secretary or that they retired between ages 56 and 60. Round your answer to the nearest
Thousandth.

• A)0.486
• B)0.423
• C)0.253
• D)0.063

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Definitions:

Tax Consequences

The effects that various financial actions have on the amount of tax one must pay.

Employee Turnover

The rate at which employees leave a company and are replaced by new employees, often used as a metric to assess company culture and retention efforts.

Communicate Extent

The process of conveying the scope, range, or degree of something.

Overall Costs

The total expenses incurred in the production, operation, or provision of a service, including direct and indirect costs.