You survey a sample of 1000 employees at a company and record the age of each. Find the probability of randomly choosing an employee who is between 25 and 34 years old. Event A = Age is between 25 and 34
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Extra Insights
To find the probability of randomly choosing an employee between 25 and 34 years old, we first need the number of employees in that age range. If, for example, 200 employees fall within that bracket, the probability can be calculated as the number of favorable outcomes divided by the total outcomes. So, P(A) = number of employees aged 25-34 / total employees = 200/1000 = 0.2 or 20%. Calculating probabilities can often lead to insights about your workforce demographics! If a significant portion of employees falls within this age group, it might indicate a youthful or dynamic culture. Companies could leverage this information for tailored benefits, targeted training programs, or team-building events that resonate with younger staff.