A Math Student Is Interested in Counting the Number of Jelly

question 15

Multiple Choice

A math student is interested in counting the number of jelly beans in a jar. The student opens the jar and removes 32 jelly beans. She places a distinctive mark on each bean and places it back in the jar. After thoroughly shaking the jar, she reaches in and removes 54 jelly beans of which 17 are marked. Using the techniques of capture-mark-recapture, estimate the number of jelly beans in the jar. Give Your answer rounded to the nearest whole number.

• A) 102
• B) 270
• C) 286
• D) 29376
• E) None of the above.

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Definitions:

Price Level

The mean price point of all goods and services within the economic framework.

Disposable Income

After-tax financial resources available to households for the purposes of saving and spending.

Unemployment Level

The proportion of the workforce that is not currently employed but actively seeking employment.

Interest Rate

is the cost of borrowing money or the return for investing, usually expressed as a percentage of the principal over a one-year period.