Solve the Problem What Is the Probability That a Student 3 or More

question 41

Multiple Choice

Solve the problem.
-In a survey about the number of siblings of college students, the following probability table was constructed: $$\begin{array} { c | c } \text { Number of Siblings } & \text { Probability } \\\hline 0 & 0.25 \\\hline 1 & 0.34 \\\hline 2 & 0.21 \\\hline 3 & 0.09 \\\hline 4 \text { or more } & 0.11\end{array}$$ What is the probability that a student 3 or more siblings?

• A) 0.09
• B) 0.11
• C) 0.2
• D) 0.8

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Definitions:

Money Supply

Money supply refers to the total amount of money in circulation within an economy, including cash, coins, and balances held in checking and savings accounts, which can influence inflation, interest rates, and economic growth.

Money Expansion

An increase in the total supply of money in an economy, often by central banking actions.

Rapid Growth

A phase of economic expansion characterized by a significant increase in the GDP, income, and employment.

Inflation Targets

specific and publicly announced goals for the annual rate of inflation that central banks aim to achieve over a particular time frame.