Find the probability of randomly selecting a student who spent the​ money, given that the student was given a​ $1 bill. The probability is ​(Round to three decimal places as​ needed.)   b. Find the probability of randomly selecting a student who kept the​ money, given that the student was given a​ $1 bill. The probability is ​(Round to three decimal places as​ needed.)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

In an​ experiment, college students were given either four quarters or a​ $1 bill and they could either keep the money or spend it on gum. The results are summarized in the table. Complete parts​ (a) through​ b.

a. Find the probability of randomly selecting a student who spent the​ money, given that the student was given a​ $1 bill.

The probability is
​(Round to three decimal places as​ needed.)
 
b. Find the probability of randomly selecting a student who kept the​ money, given that the student was given a​ $1 bill.
The probability is
​(Round to three decimal places as​ needed.)
Students Given Four Quarters
Students Given a $1 Bill
Purchased Gum
29
16
Kept the Money
15
31
Transcribed Image Text:Students Given Four Quarters Students Given a $1 Bill Purchased Gum 29 16 Kept the Money 15 31
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman