Using the table provided, suppose that E is the event that a newcar buyer intends to drive her/his carmore than 75,000 miles. Find P(E). A) 0.635B) 0.180C) 0.045D) 0.340E) 0.200 ### Survey Results on Intended Mileage Before Trading In CarsA car dealership conducted a survey among new car buyers, asking how many miles they intended to drive their new car before trading it in. The data gathered from the survey is presented below:#### Mileage Intentions Table | **Number of Miles** | **Frequency** ||-------------------------|---------------|| Fewer than 25,000 | 17 || 25,001 – 75,000 | 56 || 75,001 – 125,000 | 87 || 125,001 – 175,000 | 31 || 175,001 or more | 9 |#### Analysis:- The majority of respondents, 87, plan to drive between 75,001 and 125,000 miles.- A significant portion, 56, intend to drive between 25,001 and 75,000 miles.- A smaller group, 31, expects to drive between 125,001 and 175,000 miles.- Very few plan to drive either fewer than 25,000 miles (17 respondents) or more than 175,001 miles (9 respondents). These results provide insight into how long new car owners plan to keep their vehicles in terms of mileage before considering a trade-in.

Number of milesFrequencyFewer than 250001725001-75005675001-12500087125001-17500031175001 or more9

Answered: Using the table provided, suppose that…

Using the table provided, suppose that E is the event that a new car buyer intends to drive her/his car more than 75,000 miles. Find P(E). A) 0.635 B) 0.180 C) 0.045 D) 0.340 E) 0.200

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

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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Question

Using the table provided, suppose that E is the event that a new
car buyer intends to drive her/his car
more than 75,000 miles. Find P(E).

A) 0.635

B) 0.180

C) 0.045

D) 0.340

E) 0.200

### Survey Results on Intended Mileage Before Trading In Cars

A car dealership conducted a survey among new car buyers, asking how many miles they intended to drive their new car before trading it in. The data gathered from the survey is presented below:

#### Mileage Intentions Table

| **Number of Miles** | **Frequency** |
|-------------------------|---------------|
| Fewer than 25,000 | 17 |
| 25,001 – 75,000 | 56 |
| 75,001 – 125,000 | 87 |
| 125,001 – 175,000 | 31 |
| 175,001 or more | 9 |

#### Analysis:

- The majority of respondents, 87, plan to drive between 75,001 and 125,000 miles.
- A significant portion, 56, intend to drive between 25,001 and 75,000 miles.
- A smaller group, 31, expects to drive between 125,001 and 175,000 miles.
- Very few plan to drive either fewer than 25,000 miles (17 respondents) or more than 175,001 miles (9 respondents).

These results provide insight into how long new car owners plan to keep their vehicles in terms of mileage before considering a trade-in.

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