Find the probability of selected an adult

Assignment Help Engineering Mathematics

Reference no: EM131455144

Question: In an article about investment alternatives. Money magazine reported that drug stocks pro-vide a potential for long-term growth. with over 50% of the adult population of the United States taking prescription drugs on a regular basis. For adults age 65 and older. 82% take prescription drugs regularly. For adults age 18 to 64.49% take prescription drugs regularly. The age 18-64 age group accounts for 83.5% of the adult population (Statistical Abstract of the United States. 2008).

a. What is the probability that a randomly selected adult is 65 or older?

b. Given an adult takes prescription drugs regularly. what is the probability that the adult is 65 or older?

Reference no: EM131455144

Questions Cloud

What is going to happen to the equilibrium interest rate : What is going to happen to the equilibrium interest rate and equilibrium loanable funds level, when there is an increase in expected future income?

Source of competitive advantage : Each of you will be required to submit a final paper describing how a company's human resources are a source of competitive advantage.

Discuss about the history of the chinese in canada : A photo essay, in its simplest form, is a series of pictures that evokes an emotion, presents an idea or helps tell a story.

Discuss current organization : Describe the employee benefits at your organization. What changes, if any, would you like to see made?

Find the probability of selected an adult : In an article about investment alternatives. Money magazine reported that drug stocks pro-vide a potential for long-term growth.

Abandoning the ideal of inclusion : Jane struggles with her decision to send Rachel to the kibbutz community. She feels as though she is abandoning the ideal of "inclusion".

Write a response about the emperor claudius : In AD 49 the Emperor Claudius issued a law saying that all the Jews had to leave Rome. This took all of the Jewish influence out of Rome for some time.

Explain the key factors affecting the demand for of a good : From the scenario for Katrina's Candies examine the key factors affecting the demand for and the supply of a good in general and Katrina's Candies specifically.

What is the probability that a respondent to poll owned home : The Wall Street Journa/Marris Personal Finance poll asked 2082 adults if they owned a home (All Business website. January 23. 2008).

User Account

All Pages