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 19 11 26 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 O (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 bll 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 kept the money than a student given four quarters. O B. A student given a $1 bill is more likely to have spent the money O C. A student given a $1 bill is more likely to have kept the money. O D. A student given a $1 bill is more likely to have spent the money than a student given four quarters

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 50E: Flexible Work Hours In a recent survey, people were asked whether they would prefer to work flexible...
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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.
Students Given Four Quarters
Students Given a $1 Bill
Purchased Gum
27
Kept the Money
19
26
11
a. Find the probability of randomly selecting a student who spent the money, given that the student was given a $1 bil.
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 N
(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 kept the money than a student given four quarters.
O B. Astudent given a $1 bill is more likely to have spent the money.
O C. A student given a $1 bill is more likely to have kept the money.
O D. A student given a $1 bill is more likely to have spent the money than a student given four quarters.
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. Students Given Four Quarters Students Given a $1 Bill Purchased Gum 27 Kept the Money 19 26 11 a. Find the probability of randomly selecting a student who spent the money, given that the student was given a $1 bil. 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 N (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 kept the money than a student given four quarters. O B. Astudent given a $1 bill is more likely to have spent the money. O C. A student given a $1 bill is more likely to have kept the money. O D. A student given a $1 bill is more likely to have spent the money than a student given four quarters.
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