The decision about where to build a new plant is a major one for most companies. One
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The decision about where to build a new plant is a major one for most companies. One of the factors that is often considered is the education level of the location’s residents. Census information may be useful in this regard. After analyzing a recent census, a company produced the following joint probabilities:
a. Determine the probability that a person living in the West has a bachelor’s degree.
b. Find the probability that a high school graduate lives in the Northeast.
c. What is the probability that a person selected at random lives in the South?
d. What is the probability that a person selected at random does not live in theSouth?
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Related Book For
Statistics For Management And Economics Abbreviated
ISBN: 9781285869643
10th Edition
Authors: Gerald Keller
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