can some help me with this, I'm confuse if two household are independently selected, what is the probability that both have income in the $30,000- $39,999 range? Income 0- $9,999 6% $10,000-$19,999 9% $20,000- 29,999 13% $30,000-$39,999 28% $40,000-$49,999 18% $50,000-$59,999 17% $60,000 or more 9%
Let the event that one household has income in the $30,000- $39,999 range be A. P(A) = 0.28 Let the event that the other household has income in the $30,000- $39,999 range be B. P(B) = 0.28 It is given that the selections are made independently. Therefore the probability that both households have income in the $30,000- $39,999 range is given by: \[\large P(A \cap B)=P(A) \times P(B)=0.28\times0.28=you\ can\ calculate\]
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