Two new toys were available during the holiday shopping season. Children were surveyed about the toys and a hypothetical 1000 two-way table was created as shown. Toy A Toy B Total Highly Rated Not Highly Rated Total 430 380 810 120 70 190 550 450 1000 a. What is the probability that the toy was highly rated? Express your answer as a decimal rounded to the nearest thousandth. b. What is the probability that a highly rated toy is Toy B? Express your answer as a decimal rounded to the nearest thousandth.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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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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Two new toys were available during the holiday shopping season. Children were surveyed about the toys and a hypothetical 1000 two-way table was created
as shown.
Toy A
Toy B
Total
Highly Rated Not Highly Rated Total
430
380
190
450
1000
a. What is the probability that the toy was highly rated? Express your answer as a decimal rounded to the nearest thousandth.
b. What is the probability that a highly rated toy is Toy B? Express your answer as a decimal rounded to the nearest thousandth.
Transcribed Image Text:Two new toys were available during the holiday shopping season. Children were surveyed about the toys and a hypothetical 1000 two-way table was created as shown. Toy A Toy B Total Highly Rated Not Highly Rated Total 430 380 190 450 1000 a. What is the probability that the toy was highly rated? Express your answer as a decimal rounded to the nearest thousandth. b. What is the probability that a highly rated toy is Toy B? Express your answer as a decimal rounded to the nearest thousandth.
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