Probability of selecting a finance or accounting major


Question: A survey of Undergraduate Students in the School of Business at Northern University revealed the following regarding the gender and majors of students:

Gender                      Accounting              Marketing     Finance         Total

Male                           100                            150                 50                    300

Female                       100                             50                   50                    200

Total                          200                            200                100                 500

a) What is the probability of selecting a female student?

b) What is the probability of selecting a finance or accounting major?

c) What is the probability of selecting a female or an accounting major? Which rule of addition did you apply?

d) What is the probability of selecting an accounting major, given that the person selected is male?

e) Suppose two students are selected randomly to attend a lunch with the president of the university. What is the probability that both of those selected are accounting majors?

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Basic Statistics: Probability of selecting a finance or accounting major
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