A Survey Asked 876 People How Many Times Per Week

question 24

Multiple Choice

A survey asked 876 people how many times per week they dine out at a restaurant. The results are presented in the following table.

Consider the 876 people to be a population. Let X be the number of times per week a person dines out for a person sampled at random from this population. Find the probability that a person does not dine out at all.

• A)0.140
• B)0.307
• C)0
• D)0.447

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets compared to its current liabilities.

Financial Statements

Authorized documents reflecting the economic actions and condition of an organization, individual, or different party, often encompassing the balance sheet, income statement, and cash flow statement.

Common Shares

Equity securities that represent ownership in a corporation, giving shareholders voting rights and a residual claim on corporate earnings in the form of dividends.

Total Equity

Represents the value left in a company after all liabilities have been subtracted from assets, essentially the net assets owned by shareholders.