Use the empirical probability formula to solve the exercise. Express the answer as a fraction. Then express the probability as a decimal, rounded to the nearest thousandth, if necessary. In 1999 the stock market took big swings up and down. A survey of 973 adult investors asked how often they tracked their portfolio. The table shows the investor responses. What is the probability that an adult investor tracks his or her portfolio daily? How frequently? Response Daily Weekly Monthly Couple times a year Don't track OA. OB. O C. 133 973' 269 973 0.137 : 0.276 227 973' 0.233 227 269 286 133 58
Use the empirical probability formula to solve the exercise. Express the answer as a fraction. Then express the probability as a decimal, rounded to the nearest thousandth, if necessary. In 1999 the stock market took big swings up and down. A survey of 973 adult investors asked how often they tracked their portfolio. The table shows the investor responses. What is the probability that an adult investor tracks his or her portfolio daily? How frequently? Response Daily Weekly Monthly Couple times a year Don't track OA. OB. O C. 133 973' 269 973 0.137 : 0.276 227 973' 0.233 227 269 286 133 58
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.2: Percents And Proportions
Problem 19E
Related questions
Question
D. 286/973; 0.294
![Use the empirical probability formula to solve the exercise. Express the answer as a fraction. Then express the probability as a decimal, rounded to the nearest thousandth, if
necessary.
In 1999 the stock market took big swings up and down. A survey of 973 adult investors asked how often they tracked their portfolio. The table shows the investor responses. What is
the probability that an adult investor tracks his or her portfolio daily?
How frequently?
Response
Daily
Weekly
Monthly
Couple times a year
Don't track
OA.
O B.
O C.
133
973
269
973'
0.137
227
973'
0.276
0.233
227
269
286
133
58
CO](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb8a8da77-9f04-4511-b9d9-b7e746f1af1d%2Fbde28f27-3438-4f96-adf7-563f605edc16%2Fzljy0sa_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Use the empirical probability formula to solve the exercise. Express the answer as a fraction. Then express the probability as a decimal, rounded to the nearest thousandth, if
necessary.
In 1999 the stock market took big swings up and down. A survey of 973 adult investors asked how often they tracked their portfolio. The table shows the investor responses. What is
the probability that an adult investor tracks his or her portfolio daily?
How frequently?
Response
Daily
Weekly
Monthly
Couple times a year
Don't track
OA.
O B.
O C.
133
973
269
973'
0.137
227
973'
0.276
0.233
227
269
286
133
58
CO
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