A recent survey reported in BusinessWeek dealt with the salaries of CEOs at large corporations and whether company shareholders made money or lost money. CEO Paid More Than $1 Million CEO Paid Less Than $1 Million Total Shareholders made money 4 13 17 Shareholders lost money 6 5 11 Total 10 18 28 If a company is randomly selected from the list of 28 studied, calculate the probabilities for the following :
(a) The CEO made more than $1 million. (Round your answer to 2 decimal places.) Probability 3
(b) The CEO made more than $1 million or the shareholders lost money. (Round your answer to 2 decimal places.) Probability
(c) The CEO made more than $1 million given the shareholders lost money. (Round your answer to 4 decimal places.) Probability
(d) Select two CEOs and find that they both made more than $1 million. (Round your answer to 4 decimal places.) Probability