In: Statistics and Probability
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
In an experiment, college Students Given Four Quarters
32 15
Students Given a $1 Bill 12 27
a. Find the probability of randomly selecting a
student who spent the money, given that the student was given four
quarters.
The probability is
nothing
.
(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 four
quarters.
The probability is
nothing
.
(Round to three decimal places as needed.)
c. What do the preceding results suggest?