Distribution of adjusted gross income reported

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Suppose that 22 percent of United States households have a 3D television. Choose five households at random. What is the probability that at least one has a 3D television?

Suppose that the distribution of adjusted gross income reported on income taxes in a recent year is given below (in thousands of dollars):

Income < 15 15-29 30-99 100-199 ≥200

Probability 0.283 0.234 0.348 0.103 0.032

a) What is the probability that a randomly chosen return shows an adjusted gross income of $30,000 or more?

b) Given that a person shows an income of at least $30,000, determine the probability that the person's income $100,000 or more?

Reference no: EM132191923

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