Of 500 employees, 200 participate in a company's profit sharing plan(P), 400 have major insurance coverage(M), & 150 employees participate in both programs. Construct a Venn diagram and find out the probability that a randomly selected employees a) will be a participant in at least one of two programs b)Will not be a participant in either program

Answer 1

From the 500 employees in company, 200 participate in the company profile sharing scheme (P), 400 employees have medical insurance protection scheme (M) and 200 employees have both scheme

a)Draw a Venn diagram to illustrate the above information

b)What is the probability that the employee chosen at random

i. Participates at least one of the schemes?

ii. Does not participate in any one of the schemes?

Answer 2

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