Answer: Our required probability is 0.358.
Explanation:
Since we have given that
Number of men = 76
Number of women = 69
Total number of people in a room = 76 + 69 = 145
Number of men earn more than $50000 per year = 29
Number of women earn more than $50000 per year = 23
Total number of people earn more than $50000 per year = 29+23=52
So, Probability that selecting a person that earns more than $50000 per year from this group is given by

Hence, our required probability is 0.358.