The probability that a randomly selected individual in a country earns more than ($75),000 per year is
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The probability that a randomly selected individual in a country earns more than \($75\),000 per year is 7.5%. The probability that a randomly selected individual in the country earns more than \($75\),000 per year, given that the individual has earned a bachelor’s degree, is 21.5%. Are the events “earns more than \($75\),000 per year” and “earned a bachelor’s degree” independent?
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Related Book For
Statistics Informed Decisions Using Data
ISBN: 9781292157115
5th Global Edition
Authors: Michael Sullivan
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