QUESTION IMAGE
Question
the following table represents the highest educational attainment of all adult residents in a certain town. if a resident who is aged 30-39 is chosen at random, what is the probability that they have completed a masters degree? round your answer to the nearest thousandth.
| age 20-29 | age 30-39 | age 40-49 | age 50 & over | total | |
|---|---|---|---|---|---|
| some college | 2299 | 1374 | 412 | 730 | 4815 |
| bachelors degree | 1973 | 1432 | 570 | 1223 | 5198 |
| masters degree | 1045 | 914 | 497 | 663 | 3119 |
| total | 6795 | 4104 | 2291 | 4686 | 17876 |
Step1: Determine the number of favorable outcomes
The number of residents aged 30 - 39 with a master's degree is \(914\).
Step2: Determine the total number of possible outcomes
The total number of residents aged 30 - 39 is \(4104\).
Step3: Calculate the probability
The probability \(P\) is given by the formula \(P=\frac{\text{Number of favorable outcomes}}{\text{Total number of possible outcomes}}\). So, \(P = \frac{914}{4104}\).
Using a calculator, \(\frac{914}{4104}\approx0.223\)
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\(0.223\)