A recent survey reported in Business Week dealt with the salaries of CEOs at large cor-porations and whether company shareholders made money or lost money.
If a company is randomly selected from the list of 20 studied, what is the probability:
a. The CEO made more than $1 million?
b. The CEO made more than $1 million or the shareholders lost money?
c. The CEO made more than $1 million given the shareholders lost money?
d. Of selecting two CEOs and finding they both made more than $1 million?