A survey in which 250 male and 250 female workers ages 25 to 64 were asked if they contribute to a retirement savings plan at work. Find the probability that a randomly selected worker contributes to a retirement savings plan at work is male?

The chances of an event occurring are defined by probability. Probability has several uses in games, and in business to create probability-based forecasts.

Let C signify that the selected employee participates to a workplace retirement savings plan. Let M stand for the male employee.

P(C∩M) the intersection of male and female.

P(C\M) is the probability that a randomly picked worker participates to a workplace retirement savings plan is male.

The probability that a randomly selected worker contributes to a retirement savings plan at work is male is found by the formula ;

P(C\M)=P(C∩M)/P(M)

P(C\M)=(121/500)/(250/500)

P(C\M)=0.484

Hence, the probability that a randomly selected worker contributes to a retirement savings plan at work is male will be 0.484.

To learn more about the probability, refer to the link;

https://brainly.com/question/11234923

#SPJ2