Business, 16.05.2021 14:00 manyah6189
Financial experts say retirement accounts are one of the best tools for saving and investing for the future. Are millennials and Gen Xers financially prepared for the future? A survey of adults in a particular country conducted by INSIDER and Morning Consult revealed the results in the accompanying table. Complete parts (a) through (d) below.
AGE GROUP
Yes No
millenials 580 629
Gen Xer 600 526
a. Given that the adult has a retirement savings account, what is the probability that the adult is a millennial?
b. Given that the adult is a millennial, what is the probability that the adult has a retirement savings account?
Answers: 3
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