What is the probability that both man and woman are working?

What will be an ideal response?


P(both man and woman are not working) = 1 - .88 = 0.12
P(woman doesn't work | man doesn't work) = 0.40
P(man does not work) = P(both man and woman are not working) / 0.40
= 0.12 / 0.40 = 0.30
P(man does not work) = P(man doesn't work and woman doesn't work)+
P(man doesn't work and woman works)
Then, 0.30 = 0.12 + P(man doesn't work and woman works)
Hence, P(man doesn't work and woman works) = 0.30 - 0.12 = 0.18
P(woman does work) = P(woman works and man works) +
P(woman works and man does not work)
Then, 0.40 = P(woman works and man works) + 0.18
Hence, P(woman works and man works) = 0.40 - 0.18 = 0.22

Business

You might also like to view...

Federal antitrust laws apply to:

A. behavior that substantially affects interstate commerce or international trade. B. behavior that affects external economies other than the U.S. C. any type of nonimport trade. D. intrastate commerce exclusively.

Business

The management of a corporation is responsible for electing the board of directors

Indicate whether the statement is true or false

Business

Which of the following GLOBE cultural dimensions is related to the questionnaire item--“Followers are (should be) expected to obey their leaders without question”?

A. power distance B. uncertainty avoidance C. humane orientation D. institutional collectivism

Business

Businesses that believe in managing globally, using the best people no matter where they are located, therefore will usually staff international facilities with ______ nationals.

A. parent-country B. host-country C. third-country D. fourth-country

Business