Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Find the indicated probability. Give your answer as a simplified fraction. The manager of a used car lot took inventory of the automobiles on

image text in transcribed

Find the indicated probability. Give your answer as a simplified fraction. The manager of a used car lot took inventory of the automobiles on his lot and constructed the following table based on the age of his car and its make (foreign or domestic). A car was randomly selected from the lot. Given that the car selected was a domestic car, what is the probability that it was older than 2 years? Make 0-2 3-5 6-10 over 10 Total Foreign 40 Domestic 41 Total 81 322 30 22 52 2225 13 10 23 724 17 100 27 100 44 200 OA. 81 OB. 0 C. 81 200 59 100 41

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Intermediate Accounting principles and analysis

Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso

2nd Edition

978-0471737933

Students also viewed these Mathematics questions