Smoking and Gender Narrative

question 77

Essay

Smoking and Gender Narrative
An experiment can result in one or both of events A = Smoker and B = Female, with the joint probabilities shown in the table below. A person is selected at random.
-Refer to Smoking and Gender Narrative. Find the probability that the person is either a smoker or a female or both.

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Definitions:

Accounts Receivable

Debts owed by customers to a company for delivered goods or performed services that remain unpaid.

Allowance

An accounting adjustment that reduces the value of an asset or increases a liability to reflect probable future costs.

Net Credit Sales

The total revenue from sales made on credit, minus any returns or allowances, reflecting the actual credit sales revenue generated by a business.

Uncollectible Accounts

Accounts receivable that are unlikely to be paid by customers and are considered bad debts.