
Patricia P. answered 09/27/19
Associate’s Degree Holder Who Succeeded on Accuplacer
Smith,
The probabilities for the first two questions are basically given to us: If 40% of students in this college are Econ majors, the probability that any random student chosen from this college is an Econ major is 40% (or you can express that as 40/100 or 2/5, or .4)
We are also given that 60% of students in this college are male so naturally 40% are female and this gives us the same probability as the last question.
The probability that a student is an Econ major AND a female is found by multiplying the probability for each of these things (40% * 40% = 16%). This should make intuitive sense because as you get more specific, the chances are becoming smaller - chance of an Econ major is 40% but chance of a female Econ major is only 16%.
If the chance of picking an Econ major is 40%, the chance of picking two Econ majors is 40%^2 and the chance of finding n Econ majors is 40%^n.
Hope this helps!