Pay Your bills: A company audit showed that of 765 bills

Last updated: 7/25/2022

Pay Your bills: A company audit showed that of 765 bills that were sent out, 420 were paid on time, 159 were paid up to 30 days late, 55 were paid between 31 and 90 days late, and 131 remained unpaid after 90 days. One bill is selected at random. (a) What is the probability that the bill was paid on time? Round your answer to four decimal places. The probability that the bill was paid on time is (b) What is the probability that the bill was not paid on time? Round your answer to four decimal places. The probability that the bill was not paid on time is