lt has been reported that women end up
lt has been reported that women end up unhappier than men later in life, even though they start out happier (Yahoo News, August 1, 2008). Early in life, women are more likely to fulfill their family life and financial aspirations, leading to greater overall happiness. However, men report a higher satisfaction with their financial situation and family life, and are thus happier than women in later life. Suppose the results of the survey of 300 men and 300 women are presented in the following table.
Response to the question "Are you satisfied with your financial and family life?"
a. What is the probability that a randomly selected woman is satisfied with her financial and family life?
b. What is the probability that a randomly selected man is satisfied with his financial and family life?
c. Does the above survey suggest that, for a woman, satisfaction with life depends on age? Explain.
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d. Does the above survey suggest that, for a man, satisfaction with life depends on age? Explain.
Answers
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Posted 27 Apr 2017 01:04 PM
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file 1493300333-2232899_1_636288527198650592_Probability-confirmation.xlsx preview (458 words )
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