Probabilities are used to determine the chances of events
The probability that an employee of the company is single or has a college degree is 0.733
The given parameters are:
n = 600 --- the number of employees
College graduate = 400
Single graduate = 100
Single and college graduate = 60
The number of people that are college graduate or single are:
n(Single or college graduate) = 400 + 100 - 60
Evaluate
n(Single or college graduate) = 440
The probability is then calculated as:
p = 440/600
Evaluate the quotient
p = 0.733
Hence, the probability that an employee of the company is single or has a college degree is 0.733
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