An Insurance Company Has Collected the Following Data on the Gender

question 60

Multiple Choice

An insurance company has collected the following data on the gender and marital status of 400
Customers.
Suppose that a customer is selected at random. Find the probability that the customer selected is
Married if the customer is male.

• A) 125/240
• B) 175/400
• C) 125/175
• D) 175/240

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Definitions:

Literacy Rates

The percentage of a population that is able to read and write at a specified age, often used as an indicator of educational achievement and social development.

U.S. Economy

The economic system of the United States characterized by a mixed economy that supports private freedom, including a variety of private businesses, alongside significant government regulation and programs.

Imported Goods

Items brought into a country from another country for sale or use.

State Tariffs

Taxes imposed by state governments on imported goods, which were once a source of revenue and economic policy before being predominantly managed at the federal level in the United States.