Use the Following Sample Data for the Following Questions

question 40

Short Answer

Use the following sample data for the following questions. Biologists studying
the re-vegetation of two species of succulent plants in the South African desert
examined the number of plants that survived depending on whether they were
planted in multi-species clumps or planted alone. The following data resulted:

-If one surviving plant is randomly selected, find the probability that it was a surviving plant that was planted in a multi-species clump, given that it was Species 1.

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Definitions:

Total Revenue

The overall amount of money generated from the sale of goods or services before any expenses are subtracted.

Output

The quantity of goods or services produced in a given time period.

Price Per Unit

The cost of a single unit of a product or service.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers, typically downward sloping.