Final answer:
The probabilities of each event occurring: 0.62 * 0.88 = 0.5456 or 54.56%.
Step-by-step explanation:
To find the probability that a U.S. household selected at random has a computer and has Internet access, we need to multiply the probabilities of each event occurring.
First, we know that 62% of households have a computer. So the probability of a household having a computer is 0.62.
Next, among those households that have a computer, 88% have Internet access. So the probability of a household with a computer also having Internet access is 0.88.
To find the probability that both events happen, we multiply these probabilities together: 0.62 * 0.88 = 0.5456 or 54.56%.
Therefore, the probability that a U.S. household selected at random has a computer and has Internet access is approximately 54.56%.