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The data below show the types of medals won by athletes representing the United States in the Winter Olympics. Suppose that one medal is chosen at random and the type of medal noted.
a. List the sample points for this experiment.
b. Find the probability of each sample point.
c. What is the probability that the medal was not bronze?
Agricultural Prices
The amount of money required to purchase agricultural commodities, which can be influenced by factors such as weather conditions, supply and demand, and government policies.
Time Periods
Discrete intervals in which events occur or data is collected, analyzed, and reported.
Stock Market
A collection of markets where stocks (shares of ownership in businesses) are bought, sold, and issued, reflecting the economic trends and investor sentiment.
Business Activity
The various actions a business engages in as part of its operations, ranging from production to sales.
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