In 2008, McDonald’s had 31,967 restaurants system wide. Of these, 21,328 were operated by franchisees, 6502 by the company, and 4137 by affiliates. What is the probability that a randomly selected McDonald’s restaurant is operated by either a franchisee or an affiliate?
Answer to relevant QuestionsFor three mutually exclusive events, P (A) = 0.3, P (B) = 0.6, and P (A or B or C) = 1.0. What is the value of P (A or C)? Using the information presented in the table in Exercise 5.15, calculate the following probabilities: a. P(D or N) b. P(D9 or N9) c. P(D or N9) d. P(D9 or N) In exercise 5.15 Through April 30 of the 2009 filing season, 15.8% of all individual U.S. tax returns were prepared by H&R Block. a. If two individuals are randomly selected from those filing tax returns during this period, what is the ...For U.S. live births, P(boy) and P(girl) are approximately 0.51 and 0.49, respectively.a According to a newspaper article, a medical process could alter the probabilities that a boy or a girl will be born. Researchers using ...It has been estimated that the odds of being struck by lightning in a given year are 1 to 240,000. Using this information: a. Express the odds in terms of “odds against.” b. What is the probability that a randomly ...
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