SCENARIO 4-3 A Survey Is Taken Among Customers of a Fast-Food Restaurant

question 119

Short Answer

SCENARIO 4-3
A survey is taken among customers of a fast-food restaurant to determine preference for hamburger or chicken.Of 200 respondents selected,75 were children and 125 were adults.120 preferred hamburger and 80 preferred chicken.55 of the children preferred hamburger.
-Referring to Scenario 4-3,the probability that a randomly selected individual is a child and prefers chicken is_____ .

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Definitions:

Pair of Jeans

A Pair of Jeans is an item of clothing made from denim or another fabric, characterized by its durability and typically fastened with buttons or zippers.

Free Goods

Free goods are resources or services that are available in abundance and do not have an opportunity cost, meaning they can be consumed in unlimited quantities without depleting any resource.

Government Intervention

Actions taken by a government to affect the economy, which can include regulations, subsidies, taxes, and direct provision of goods or services.

Rival in Consumption

A good is termed a rival in consumption if its use or consumption by one individual prevents its use or consumption by another individual.