Compute Conditional Probabilities
-The Manager of a Used Car Lot $\frac { 63 } { 127 }$

question 76

Multiple Choice

Compute Conditional Probabilities
-The manager of a used car lot took inventory of the automobiles on his lot and constructed the following table based on the age of his car and its make (foreign or domestic) .


A car was randomly selected from the lot. Given that the car selected is older than two years old, find the probability that it is not a foreign car.

• A) \(\frac { 63 } { 127 }\)
• B) \(\frac { 64 } { 127 }\)
• C) \(\frac { 63 } { 100 }\)
• D) \(\frac { 16 } { 25 }\)

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Definitions:

Specific Quantity

A precise amount or number of items designated in an agreement or contract.

Promise To Ship

A commitment or agreement to dispatch goods to a buyer within a specified period.

Counteroffer

A counteroffer is a proposal made in response to an original offer, revising its terms and conditions.

Custom Paint

Specialized paint jobs for vehicles, buildings, or other items, tailored to the customer's specifications.