Are small and mid-sized business (SMB) owners concerned about limited access to money affecting their businesses? A sample of 150 female SMB owners and 146 male SMB owners revealed the following results:

If a SMB owner is selected at random, what is the probability that the SMB owner

a. Is concerned about limited access to money affecting the business?
b. Is a female SMB owner and is concerned about limited access to money affecting the business?
c. Is a female SMB owner or is concerned about limited access to money affecting the business?
d. Explain the difference in the results of (b) and (c).

Transcribed Image Text:

SMB OWNER GENDER CONCERNED ABOUT LIMITED ACCESS TO MONEY? Female Male Total Yes 38 20 58 No 112 126 238 Total 150 146 296