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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
In a city in Italy, 30% of the families have a MasterCard, 20% have an American Express card, and 25% have a Visa card. Eight percent of families have both a MasterCard and an American Express card. Twelve percent have both a Visa Card and a MasterCard. Six percent have both an American Express card and a Visa card.
a. What is the probability of selecting a family that has either a Visa card or an American Express card?
b. If a family has a MasterCard, what is the probability that it has a Visa card?
c. If a family has a Visa card, what is the probability it has a MasterCard?
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Question # 2
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A National study has determined that people who work full time average 43.4 hours worked per week.
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Assume that the number of hours worked per week for those who work full time is normally distributed. Suppose 12% of these workers work more than 48 hours. Based on this percentage, what is the standard deviation of number of hours worked per week for those workers?
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