In a survey of 1000 eligible voters selected at random, it was found that 100 had a college degree. Additionally, it was found that 80% of those who had a college degree voted in the last presidential election, whereas 56% of the people who did not have a college degree voted in the last presidential election. Assuming that the poll is representative of all eligible voters, find the probability that an eligible voter selected at random will have the following characteristics. (Round your answers to three decimal places.)

A. 8%

B. 39.6%

C. 58.4%

D. 41.6%

Step-by-step explanation:

Computation to determine the probability of eligible voter selected at random

First step is to Draw up a contingincy table which will include Rows = Degree/No degree

and Columns= Vote/Not vote

Vote..No vote

Degree 80...20...100

(80%*100=80)

(100-80=20)

No Degree 504..396..900

(1000-100=900)

(56%*900=504)

(504-900=396

Totals 584..416...1000

(80+504=584)

(20+396=416)

(900+100=1,000)

Summary

Vote..No vote

Degree 80...20...100

No Degree 504..396..900

Total Totals 584..416...1000

A. Calculation to determine the probability of The voter had a college degree and voted in the last presidential election.

P = 80/1,000

P=0.08*100

P=8%

Therefore the probability of The voter had a college degree and voted in the last presidential election will be 8%

B. Calculation to determine the probability of The voter did not have a college degree and did not vote in the last presidential election.

P =396/1000

P=0.396*100

P=39.6%

Therefore the probability of The voter did not have a college degree and did not vote in the last presidential election will be 39.6%

C. Calculation to determine the probability if The voter voted in the last presidential election.

P = 584/1,000

P=0.584*100

P=58.4%

Therefore the probability if The voter voted in the last presidential election will be 58.4%

D. Calculation to determine the probability if The voter did not vote in the last presidential election.

P = 416/1000

P=0.416*100

P=41.6%

Therefore the probability if The voter did not vote in the last presidential election will be 41.6%

rick has $1400 and sally has $1500

step-by-step explanation:

to find amount of money rick has after 10 years :

principal = $1000 , time = 10 years , rate = 4% annually

to find amount of money sally has after 10 years :

her friend gives to pay her $50 per year, therefore money she has after 10 years = 50 × 10 = $500

also, sally gets $1000 after 10 years,

therefore, total amount of money sally has after 10 years = 500 + 1000 = $1500

so, after 10 years : rick has $1400 and sally has $1500