According to a certain news poll 79 agreed that it should be

According to a certain news poll, 79% agreed that it should be the government\'s responsibility to provide a decent standard of living for the elderly, and 42% agreed that it would be a good idea to invest part of their Social Security taxes on their own. If agreement with one of these propositions is independent of agreement with the other, what is the probability that a person agreed with both propositions? (Round your answer to two decimal places.)

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Solution

Probability of people agreed that ots the government responsibity=0.79

Probability of people agreed that they should invest=0.42

Probability of a person agreed with both propositions=0.79*0.42=0.33