Collected on hourly workers and salaried workers preference

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Reference no: EM13721816

For a particular company, data was collected on hourly workers and salaried workers preference for two difference pension plans: Plan 1 (p1) and Plan 2 (p2). Using the table below, what is the probability employees prefer Plan 1?

Pension Plan

Job Classification Plan1 Plan2 Total

Hourly Workers 120 100 220

Salaried Workers 80 100 180

Total 200 200 400

Reference no: EM13721816

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