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Information Was Collected on Those Who Attended the Opening of a New

question 43

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Information was collected on those who attended the opening of a new movie. The analysis found that 56 percent of the moviegoers were female, 26 percent were under age 25, and 17 percent were females under the age of 25. Find the probability that a moviegoer is either female or under age 25.


Definitions:

Marginal

Refers to the change or difference in an economic variable when altering another variable by a small or marginal amount.

Welfare Dependency

A situation where individuals or families continually rely on government welfare programs for their income over long periods, rather than seeking employment.

Billionaires

Individuals whose net worth or wealth is equal to or exceeds one billion units of a currency.

Income

The financial earnings received by an individual or entity, typically measured over a set period of time, from work (wages) or investments (interests, dividends).

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