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Government data show that 8% of adults are full-time college students and that 30% of adults are age 55 or older. Since (0.08)(0.30)=0.024, can we conclude that about 2.4% of adults are college students55 or older? Why or why not?

Short Answer

Expert verified

Yes, because the events are independent events.

Step by step solution

01

Step 1. Given Information

P(Collegestudents)=8%=0.08P(Age55orolder)=30%=0.30P(CollegestudentsandAge55orolder)=2.4%=0.024
02

Step 2. Concept Used

Two mutually exclusive events can never be independent since if one happens, the other is nearly surely going to happen as well.

03

Step 3. Calculation

P(CollegestudentsandAge55orolder)=P(Collegestudents)P(Age55orolder)

As a result, the above-mentioned criteria has been met. As a result, it's possible to deduce that 2.4 percent of individuals are 55 or older college students.

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