An online subscription service has calculated the ratio of expired subscriptions to active subscriptions and found that the ratio is 0.61 to 1.  What does this ratio mean? There are approximately 61 expired subscriptions for every 100 active subscriptions. There is less than one expired subscription, this company is doing well! There are more expired subscriptions than active subscriptions. There are 39 more active subscriptions than expired subscriptions. 61% of all subscriptions are expired.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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An online subscription service has calculated the ratio of expired subscriptions to active subscriptions and found that the ratio is 0.61 to 1.  What does this ratio mean?

There are approximately 61 expired subscriptions for every 100 active subscriptions.

There is less than one expired subscription, this company is doing well!

There are more expired subscriptions than active subscriptions.

There are 39 more active subscriptions than expired subscriptions.

61% of all subscriptions are expired.

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