What is the probability that the adult owns stock, Basic Statistics

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What is the probability that the adult owns stock

A study by Peter D. Hart Research Associates for the Nasdaq Stock Market revealed that 43% of all American adults are stockholders. In addition, the study determined that 75% of all American adult stockholders have some college education. Suppose 41% of all American adults have some college education. An American adult is randomly selected. What is the probability that the adult owns stock or has some college education?

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Basic Statistics: What is the probability that the adult owns stock

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Basic Statistics: What is the probability that the adult owns stock

Reference No:- TGS0108362

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: What is the probability that the adult owns stock

Reference No:- TGS0108362

Recent Questions Asked Basic Statistics

Q : Examples of satisfactory responsiveness

Q : Regression analysis using annual or full-year numbers

Q : The manager of the system support team member

Q : Middle Kingdom

Q : What is the probability that the adult owns stock

Q : The formation of a new species

Q : Concepts and limitations of the theory of comparative costs

Q : Determine the optimal mix to maximize profit

Q : Identify future levels of revenue

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