A Math Student Is Interested in Counting the Number of Jelly

question 31

Multiple Choice

A math student is interested in counting the number of jelly beans in a jar. The student opens the jar and removes 45 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 80 jelly beans of which 12 are marked. Using the techniques of capture-recapture, estimate the number of jelly beans in the jar. Give your Answer rounded to the nearest whole number.

• A) 226
• B) 300
• C) 541
• D) 29376
• E) None of the above.

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Definitions:

Entrepreneurial Activities

Actions or tasks that are undertaken by entrepreneurs in pursuit of establishing, managing, and growing their ventures.

Profit Orientation

A business approach focused on maximizing financial gains.

Social Enterprising

Business activities that are primarily focused on meeting social objectives, where profits are often reinvested into social causes.

Timmons Model

A model of entrepreneurship that emphasizes the dynamic balance between the entrepreneur, the opportunity, and the resources needed.