A large company boasts in their promotional literature that 74% of their employees have college degrees. Assume this claim is true. What is the probability that if people are selected at random from this company, that the first person to have a college degree is the 3rd person selected?

0.0176
0.0500
0.4052
0.9824

Data from 2005 for various age groups show that for each $100 increase in the median weekly income for whites, the median weekly income of blacks increases by $105. also, for workers of ages 25 to 54 the median weekly income for whites was $676 and for blacks was $527. (a) let w represent the median weekly income for whites and b the median weekly income for blacks, and write the equation of the line that gives b as a linear function of w. b = (b) when the median weekly income for whites is $760, what does the equation in (a) predict for the median weekly income for blacks?