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 below. Complete parts (a) through (c).| | Purchased Gum | Kept the Money ||------------------|---------------|----------------|| Students Given Four Quarters | 34 | 11 || Students Given a $1 Bill | 14 | 28 |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.)c. What do the preceding results suggest?- A. A student given a $1 bill is more likely to have spent the money than a student given four quarters.- B. A student given a $1 bill is more likely to have spent the money.- C. A student given a $1 bill is more likely to have kept the money than a student given four quarters.- D. A student given a $1 bill is more likely to have kept the money.

From the given information we have following table Purchased Gum Kept the Money Total…

Answered: In an experiment, college students were…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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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 (c) below. Purchased Gum Kept the Money Students Given Four Quarters 34 16 Students Given a $1 Bill 15 31 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 isO: (Round to three decimal places as needed.) c. What do the preceding results suggest? O A. A student given a $1 bill is more likely to have spent the money than a student given four quarters. O B. A student given a $1 bill is more likely to have kept the money than a student given four quarters. OC. A student given a $1 bill is more likely to have kept the…
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	Purchased Gum	Kept the Money	Total
Students Given four Quarters	34	11	45
Students Given a $1 Bill	14	28	42
Total	48	39	87