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A company selected 4000 households at random and surveyed them to find out a relationship between income level and the number of television sets in a home. The information so obtained -

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Question

A company selected 4000 households at random and surveyed them to find out a relationship between income level and the number of television sets in a home. The information so obtained is listed in the following table:

Monthly income
(in Rs)
Number of Television/household
0 1 2 Above 2
< 10000 20 80 10 0
10000 – 14999 10 240 60 0
15000 – 19999 0 380 120 30
20000 – 24999 0 520 370 80
25000 and above 0 1100 760 220

Find the probability of a household earning Rs 25000 and more per year and owning 2 televisions.

Sum

Solution

The total number of the household selected by the company, n(S) = 4000

Number of households earning ₹ 25000 and more per year owning 2 televisions, n(E2) = 760

∴ Required probability = `(n(E_2))/(n(S)) = 760/4000` = 0.19

Hence, the probability of a household earning ₹ 25000 and more per year owning 2 televisions is 0.19

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