Given the Contingency Table Shown Here, Find the Probability That

question 69

Multiple Choice

Given the contingency table shown here, find the probability that a randomly chosen employee is a line worker who plans to retire at age 65. Survey question: Do you plan on retiring or keep working when you turn 65? $$\begin{array} { | l | c | c | c | } \hline\text { Employee } & \text { Retire } ( R ) & \text { Work } ( W ) & \text { Total }\\\hline \text { Management } ( M ) & 13 & 18 &31 \\\hline \text { Line worker } ( L ) & 39 & 54 & 93 \\\hline \text { Total } & 52 & 72 & 124\\\hline\end{array}$$

• A).227
• B).419
• C).750
• D).315

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Definitions:

Indigenous Production

The process of manufacturing goods within a particular region or territory using local resources and labor.

Service Economy

An economic phase in which the service sector generates more wealth than the manufacturing sector of the economy, characterized by a high volume of services relative to goods.