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The government collects information on job-related. The data on occupational deaths in 2007 found that the probability that a randomly chosen death was agriculture-related is 0.105. The probability that a randomly chosen death was manufacturing-related was 0.072.
(a) Are the events mutually exclusive or independent? Explain your answer.
(b) What is the probability that a death was either agriculture related or manufacturing related?
(c) What is the probability that the death was related to some other occupation?
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The official unemployment rate as calculated by the U.S. Bureau of Labor would equal
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Parent is considering responding to the IRS challenge, but using either the CUP method or Resale Price Method for calculating the proper transfer price.
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