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Question 4 of 10 This test: 50 point(s) possible = Test: Test #2 This question: 5 point(s) possible Submit test Online marketplaces have become a

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Question 4 of 10 This test: 50 point(s) possible = Test: Test #2 This question: 5 point(s) possible Submit test Online marketplaces have become a popular way for individuals to buy and sell miscellaneous items. The table to the right shows the number of days products stayed active (not sold) on one Days on the Website of these sites and also the price range of the items. Complete parts a through c below. Price Range 1-7 8-30 Over 30 Under $200 111 19 32 $200-$500 212 152 97 $501-$1,000 398 529 171 Over $1,000 123 137 33 a. Using the relative frequency approach to probability assessment, what is the probability that a product will be on the website more than 7 days? The probability that a product will be on the website more than 7 days is. Round to four decimal places as needed.) b. Is the event "1-7 days on the website" independent of the price range $200-$500? because the of the probabilities of the two events equal the probability. c. Suppose an item was just sold and was on the website less than 8 days. What is the most likely price range for that item? O Over $1,000 O Under $200 O $501-$1,000 O $200-$500

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