The Data Set Represents the Income Levels of the Members

question 182

Multiple Choice

The data set represents the income levels of the members of a country club. Find the probability that a randomly selected member earns at least $90,000. Round your answers to the nearest tenth. $$\begin{array} { r r r r r r r r r r } 96,000 & 102,000 & 88,000 & 105,000 & 89,000 & 96,000 & 90,000 & 86,000 & 111,000 & 126,000 \\87,000 & 93,000 & 108,000 & 89,000 & 102,000 & 99,000 & 90,000 & 114,000 & 85,000 & 99,000\end{array}$$

• A) 0.4
• B) 0.7
• C) 0.6
• D) 0.8

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Definitions:

Comparable Units

Units or measures that are similar enough in key aspects to be used in comparisons or evaluations.

Certificates of Deposit

A savings certificate with a fixed maturity date and specified fixed interest rate that is issued by banks and is insured by the Federal Deposit Insurance Corporation (FDIC) up to a certain amount.