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According to the American Pet Products Manufacturers Association, there is a 63% probability that a U.S. household owns a pet. If a U.S. household is randomly selected, what is the probability that it does not own a pet?

Short Answer

Expert verified

The probability is0.37

Step by step solution

01

Step 1. Given Information

The given data is that there is a 63% probability that a U.S. household owns a pet.

02

Step 2. Explanation 

If E represents an event and Erepresents the complement of E then P(E)=1-P(E). It is given thatP(E)=0.63

Substitute the given value in the equation and find the required value.

P(E)=1-P(E)=1-0.63=0.37

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