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The results of a survey taken by a bank in amedium-sized town are shown in the table. The survey asked questions about the investment
habits of bank customers. Assuming that no one invests in more than one type ofinvestment, and using the letters in thetable, find the
number of people in each set. Complete parts a through f below.
1
Click the icon to view the survey results.
(a) Y ∩ B
In atable, to find the number of people in the intersection of the twosets, find the cell where the corresponding row and column of the two sets
intersect. This cell value will be the number of people in the intersection.
The value of the cell in the row labeled Y and in the column labeled B is 5.
(b) M ∪ A
The union rule for sets is given below. Letn(C) be the total number of elements in the column andn(R) be the total number of elements in the
row. To find the number of people in the union of the twosets, add the total number of elements for the column to the total number of elements
for the row and then subtract the value of the cell at the intersection of the column and row.
n(M) = 52
n(A) = 55
Find the number of people that belong to both set M and set A.
n(M ∩ A) = 20
Calculate n(M∪A).
Using thetable, locate the cells that belong to either set S or set B. These cells correspond to S ∪ B.
Of the cells in S ∪ B, find the cells that also belong to set Y. Only 2 cells belong to either set S or setB, and also belong to set Y.
9 + 5 = 14
Using thetable, locate the cells that belong to either set S or set A. These cells correspond to S ∪ A.
In addition to thesecells, include the cells that do not belong to set O. This includes most of the cells. Infact, only one cell does not belong to
O′ ∪ (S ∪ A).
Subtract the value of that cell from the grand total of 164. This is a quick way of finding the sum of the cells in O′ ∪ (S ∪ A).
164 − 25 = 139
Start by calculating n(M′ ∪ O′). Note that the set M′ is the set of the two rows other thanM, and the set O′ is the set of the two rows other
than O. The union of these sets is the entire data set.
The intersection of the entire data set with B is equivalent to the set B. Find the number of people in set B.
n(B) = 41
First, describe the set S ∪ B in words. Since the set S is all those who invest instocks, and the set B is all those who invest inbonds, the set S
∪ B is all those who invest in stocks or bonds.
Given that the set S ∪ B is all those who invest in stocks orbonds, describe the intersection of this set with Y.
Since the set Y is all those age18-29, the set Y ∩ (S ∪ B) is all those who invest in stocks or bonds and are age18-29.
1: Survey Results
Savings
Bonds Accounts
Age Stocks(S) (B) (A) Totals
18-29 (Y) 9 5 19 33
30-49 (M) 21 11 20 52
50 or over(O) 38 25 16 79
Totals 68 41 55 164