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In: Statistics and Probability

In an​ experiment, college students were given either four quarters or a​ $1 bill and they...

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 Students Given Four Quarters 30 12 Students Given a​ $1 Bill 14 26 a. Find the probability of randomly selecting a student who spent the​ money, given that the student was given four quarters. The probability is 0.714. ​(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.)

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