Answered: n an experiment, college students were…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

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 him. The results are summarized in the table . Complete parts (a) through (c) below

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 spent the money , given that the student was given a $1 bill .
The probability is ____ ?

(round to three decimal places as needed )

C. What do the proceeding results suggest?
a. A student given four quarters is most likely to have kept the money.
b. A student given four quarters is more likely to have kept the money than a student given a $1 bill.

c.A student given four quarters is more likely to have spent the money than a student given a $1 bill.