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17 July, 05:42

The entertainment sports industry employs athletes, coaches, referees, and related workers. Of these, 0.35 work part time and 0.52 earn more than $20,540 annually. If 0.3 of these employees work full time and earn more than $20,540, what proportion of the industry's employees are full time or earn more than $20,540

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  1. 17 July, 05:49
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    0.87

    Step-by-step explanation:

    let A be the event that employees work full time

    Pr (A) = 1 - 0.35 = 0.65 (given : Pr (employee work part time) = 0.35)

    let B be the event that employees earn more than $20,540

    Pr (B) = 0.52

    Pr (employee work full time and earn more than $20,540) = 0.3

    Pr (A∩B) = 0.3

    we know that

    Pr (employee work full time or earn more than $20,540) = Pr (A∪B)

    Also

    Pr (A∪B) = Pr (A) + Pr (B) - Pr (A∩B)

    = 0.65 + 0.52 - 0.3

    = 1.17 - 0.30

    = 0.87
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