A bank has the following data on the gender and marital status of 200 customers.
a.What is the probability of finding a single female customer?
b.What is the probability of finding a married male customer?
c.If a customer is female, what is the probability that she is single?
d.What percentage of customers is male?
e.If a customer is male, what is the probability that he is married?
f. Are gender and marital status mutually exclusive?
g. Is marital status independent of gender? Explain using probabilities.
Definitions:
Great Expectations
A novel by Charles Dickens, often used metaphorically to represent scenarios where there are high hopes and anticipations.
Obscure Facts
Information that is not widely known or is hidden from common knowledge.
Inverted Pyramid
The traditional structure of news writing and the writing of news releases.
Organizational Goals
Objectives set by a business or organization to guide operations and decision-making.
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