Answer: 0.49
Step-by-step explanation:
given data:
no of computer services firms =200
no of firms under $1million = 102
no of firms between $1million to $20million = 61
no of firms $20million and above = 37
solution:
probability that a firm selected has 1$million or above.
P ( x ≥ $1million )
= 61/200 + 37/200
= 49/100
= 0.49
the probability of selecting with $1million or more in income taxes is 0.49%
