1. A recent survey reported in BusinessWeek dealt with the salaries of CEOs at large corporations and...

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Basic Math

1.
A recent survey reported in BusinessWeek dealt with thesalaries of CEOs at large corporations and whether companyshareholders made money or lost money.
CEO Paid
More Than
$1 Million CEO Paid
Less Than
$1 Million Total
Â Â Shareholders made money 6Â Â Â Â Â Â Â Â 15Â Â Â Â Â Â Â Â 21 Â Â Â Â
Â Â Shareholders lost money 8Â Â Â Â Â Â Â Â 4Â Â Â Â Â Â Â Â 12 Â Â Â Â
Â Â Â Â Â Â Â Total 14Â Â Â Â Â Â Â Â 19Â Â Â Â Â Â Â Â 33 Â Â Â Â
If a company is randomly selected from the list of 33 studied,calculate the probabilities for the following :
(a) The CEO made more than $1 million. (Round your answersto 3 decimal places.)
Â Â Probability Â Â
(b)
The CEO made more than $1 million or the shareholders lostmoney. (Round your answers to 3 decimalplaces.)
Â Â Probability Â Â
(c)
The CEO made more than $1 million given the shareholders lostmoney. (Round your answers to 3 decimalplaces.)
Â Â Probability Â Â
(d)
Select 2 CEOs and find that they both made more than $1 million.(Round your answers to 3 decimal places.)
Â Â Probability Â Â
2.
The probability a HP network server is down is .062. If you havefour independent servers, what is the probability that at least oneof them is operational? (Round your answer to 6 decimalplaces.)
Â Â Probability Â Â

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1 a P The CEO made more than 1 million 1433 0424 So Answer is Probability 0424 b P The CEO made more than 1 million or the shareholders lost money P The See Answer

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	CEO Paid More Than $1 Million	CEO Paid Less Than $1 Million	Total
Â Â Shareholders made money	6Â Â Â Â Â Â Â Â	15Â Â Â Â Â Â Â Â	21 Â Â Â Â
Â Â Shareholders lost money	8Â Â Â Â Â Â Â Â	4Â Â Â Â Â Â Â Â	12 Â Â Â Â
Â Â Â Â Â Â Â Total	14Â Â Â Â Â Â Â Â	19Â Â Â Â Â Â Â Â	33 Â Â Â Â