Question
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  1. A survey asked 2082 adults if they owned a home. A
    total of 1249 survey respondents answered Yes. Of the
    450 respondents in the age groups, 117 responded
    Yes.
    Required:
    A. What is the probability that a respondent to the poll
    owned a home?
    B. What is the probability that a respondent in the
    age group owned a home?
    C. What is the probability that a respondent to the poll did
    not own a home?
    D. What is the probability that a respondent in the
    age group did not own a home?

Ask by Tyler Ward. in Ethiopia
Jan 22,2025

Upstudy AI Solution

Tutor-Verified Answer

Answer

  • A. 59.9%
  • B. 26.0%
  • C. 40.0%
  • D. 74.0%

Solution

Let’s analyze each part of the problem step by step.

Given Data:

  • Total respondents: 2,082
  • Total “Yes” responses (owned a home): 1,249
  • Respondents in the 18-34 age group: 450
  • "Yes" responses in the 18-34 age group: 117

A. Probability that a respondent to the poll owned a home

Calculation:
Numerical Calculation:
Answer:
The probability is approximately 59.9%.

B. Probability that a respondent in the age group owned a home

Calculation:
Numerical Calculation:
Answer:
The probability is 26.0%.

C. Probability that a respondent to the poll did not own a home

Calculation:
Numerical Calculation:
Answer:
The probability is approximately 40.0%.

D. Probability that a respondent in the age group did not own a home

Calculation:
Numerical Calculation:
Answer:
The probability is 74.0%.

Summary of Probabilities:

  • A. 59.9%
  • B. 26.0%
  • C. 40.0%
  • D. 74.0%

Answered by UpStudy AI and reviewed by a Professional Tutor

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Bonus Knowledge

To solve the problems, we will use basic probability principles:
A. The probability that a respondent owned a home is calculated by dividing the number of respondents who answered “Yes” by the total number of respondents:
or 60.03%.
B. The probability that a respondent in the age group owned a home is found by dividing the number of “Yes” responses in that age group by the total number of respondents in that group:
or 26%.
C. The probability that a respondent did not own a home can be calculated as:
or 39.97%.
D. The probability that a respondent in the age group did not own a home is:
or 74%.

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