Precalculus: Concepts Through Functions, A Unit Circle Approach to Trigonometry (3rd Edition)

Published by Pearson
ISBN 10: 0-32193-104-1
ISBN 13: 978-0-32193-104-7

Chapter 12 - Counting and Probability - Section 12.3 Probability - 12.3 Assess Your Understanding - Page 886: 63

Answer

$0.3$

Work Step by Step

We know that probability$=\frac{\text{number of favourable outcomes}}{\text{number of all outcomes}}.$ We have $100$ households in total. There are $20+10=30$ households whose annual income is $\$30,000$ or higher. Thus,: $P=\frac{30}{100}=0.3$
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