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 Students Given a $1 Bill 27 16 11 34 a. Find the probability of randomly selecting a student who spent the money, given that the student was given four quarters. The probability is O. (Round to three decimal places as needed.) b. Find the probability of randomly selecting student who kept the money, given that the student was given four quarters. The probability is O: (Round to three decimal places as needed.) c. What do the preceding results suggest? O A. A student given four quarters is more likely to have kept the money than a student given a $1 bilI. O B. A student given four quarters is more likely to have spent the money than a student given a $1 bill. OC. A student given four quarters is more likely to have spent the money. O D. A student given four quarters is more likely to have kept the money.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
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Chapter8: Sequences, Series,and Probability
Section8.7: Probability
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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
27
16
Students Given a $1 Bill
11
34
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 kept the money, given that the student was given four quarters.
The probability is
(Round to three decimal places as needed.)
c. What do the preceding results suggest?
A. A student given four quarters is more likely to have kept the money than a student given a $1 bill.
B. A student given four quarters is more likely to have spent the money than a student given a $1 bill.
O C. A student given four quarters is more likely to have spent the money.
O D. A student given four quarters is more likely to have kept the money.
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 in the table. Complete parts (a) through (c) below. Purchased Gum Kept the Money Students Given Four Quarters 27 16 Students Given a $1 Bill 11 34 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 kept the money, given that the student was given four quarters. The probability is (Round to three decimal places as needed.) c. What do the preceding results suggest? A. A student given four quarters is more likely to have kept the money than a student given a $1 bill. B. A student given four quarters is more likely to have spent the money than a student given a $1 bill. O C. A student given four quarters is more likely to have spent the money. O D. A student given four quarters is more likely to have kept the money.
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