A Survey Asked 851 People How Many Times Per Week

question 7

Multiple Choice

A survey asked 851 people how many times per week they dine out at a restaurant. The results are presented in the following table.
$\begin{array}{cc}\hline \text { Number of Times } & \text { Frequency } \\\hline 0 & 104 \\1 & 244 \\2 & 242 \\3 & 142 \\4 & 62 \\5 & 22 \\6 & 27 \\7 & 8 \\\hline \text { Total } & 851\end{array}$

Consider the 851 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
• B) 0.409
• C) 0.122
• D) 0.287

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Definitions:

Dividend Increase

An increase in the amount of payment made by a corporation to its shareholders, usually realized when the company has achieved additional profits.

Additional Financing

Funds that are raised by a company through borrowing or issuing new equity, in addition to its existing capital.

Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue; the higher the turnover, the better.

Current Ratio

An indicator of a company's ability to meet short-term debt obligations; calculated by dividing current assets by current liabilities.