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Help with problem involving sets?
In the year 2000, Executive magazine surveyed the presidents of the 500 largest corporations in the united states. Of these 500 people, 310 had degrees (of any sort) in buisness, 238 had undergraduate degrees in buisness, and 184 had graduate degrees in buisness. How many presidents had both undergraduate and graduate degrees in buisness?
We have to assume that the only degrees considered were graduate and undergraduate business degrees (so no math degrees).
We have two sets… u (undergrad) and g (grad) which makes up the sample space (s)
(u union g) = u + g – (u intersect g)
Where (u intersect g) is of interest.
310 = 238 + 184 – x
310 = 422 – x
-112 = -x
x = 112
112 presidents had both undergrad and grad degrees in business.
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