Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A random sample of 310 car buyers was asked about the reason that they chose the car that they did. The results are given

image text in transcribed

A random sample of 310 car buyers was asked about the reason that they chose the car that they did. The results are given in the table below: Reason for Choosing a Car Freq safety 87 reliability 64 cost 50 performance 38 comfort 47 looks 24 Find the probability that a randomly selected car buyer will be in the category "cost". Give your answer as a fraction. Give your answer rounded to three decimal places.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Methods For Business Management And Finance

Authors: Louise Swift, Sally Piff

2nd Edition

1403935289, 9781403935281

More Books

Students also viewed these Mathematics questions