7% of males and 3% of females hope to start their own business upon graduation from...
7% of males and 3% of females hope to start their own business upon graduation from a certain business college. If 53% of that business college students are males. What is the probability that a randomly selected student wants to start a business?
*It may help to make a tree diagram
Round to two decimals.
Homework Answers
From the given information,
The required probability is given by,
Probability=0.53*0.07+0.47*0.03
Probability=0.0371+0.0141
Probability=0.05
Thank you.
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7% of males and 3% of females hope to start their own business
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