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 the table. Complete parts (a) through (c) below. Students Given Four Quarters Students Given a $1 Bill Purchased Gum 35 17 Kept the Money 16 26 a. Find the probability of randomly selecting a student who spent the money, given that the student was given four quarters. The probability is. (Round to three decimal places as needed.) b. 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.) c. What do the preceding results suggest? O A. A student was more likely to have spent the money than to have kept the money. O B. A student given a $1 bill is more likely to have spent the money than a student given four quarters. O C. A student given four quarters is more likely to have spent the money than a student given a $1 bill. O D. A student was more likely to be given four quarters than a $1 bill.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.CR: Chapter Review
Problem 80E
Topic Video
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
the table. Complete parts (a) through (c) below.
Students Given Four Quarters
Students Given a $1 Bill
Purchased Gum
35
17
Kept the Money
16
26
a. Find the probability of randomly selecting a student who spent the money, given that the student was given four quarters.
The probability is.
(Round to three decimal places as needed.)
b. 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.)
c. What do the preceding results suggest?
O A. A student was more likely to have spent the money than to have kept the money.
O B. A student given a $1 bill is more likely to have spent the money than a student given four quarters.
O C. A student given four quarters is more likely to have spent the money than a student given a $1 bill.
O D. A student was more likely to be given four quarters than a $1 bill.
Transcribed Image Text: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 the table. Complete parts (a) through (c) below. Students Given Four Quarters Students Given a $1 Bill Purchased Gum 35 17 Kept the Money 16 26 a. Find the probability of randomly selecting a student who spent the money, given that the student was given four quarters. The probability is. (Round to three decimal places as needed.) b. 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.) c. What do the preceding results suggest? O A. A student was more likely to have spent the money than to have kept the money. O B. A student given a $1 bill is more likely to have spent the money than a student given four quarters. O C. A student given four quarters is more likely to have spent the money than a student given a $1 bill. O D. A student was more likely to be given four quarters than a $1 bill.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 4 images

Blurred answer
Knowledge Booster
Discrete Probability Distributions
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt