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Use the following table to answer the question. A random sample of college students was asked to respond to a survey about how they spend their free time on weekends. One question, summarized in the table below, asked each respondent to choose the one activity that they are most likely to participate in on a Saturday morning. The activity choices were homework, housework, outside employment, recreation, or other.
-Find the probability that a female college student from the group chose "housework" as their most likely activity on Saturday mornings? (Round to the nearest thousandth)
Inherited Wealth
Assets and resources passed down from one generation to the next, often impacting the financial stability and opportunities available to the receiving individuals or families.
Voluntary Exchanges
Economic transactions where both parties consent to trade goods or services based on mutual agreement without coercion.
Job Market
Describes the available employment opportunities and the supply and demand for labor within an economy.
Tax Revenue
The income generated from taxes imposed by a government on individuals and entities, used to fund public services and government obligations.
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