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Solve the Problem. -The Table Below Shows the Results of a Consumer Survey

question 109

Multiple Choice

Solve the problem.
-The table below shows the results of a consumer survey of annual incomes in 100 households. Solve the problem. -The table below shows the results of a consumer survey of annual incomes in 100 households.   What is the probability that a household has an annual income less than $25,000? A) 0.3 B) 0.7 C) 0.22 D) 0.6 What is the probability that a household has an annual income less than $25,000?


Definitions:

Deficit

The amount by which a government's, company's, or individual's spending exceeds its income over a particular period of time.

2009

A year that marked the end of the late-2000s financial crisis and the beginning of economic recovery for many countries.

Productivity Growth

An increase in the efficiency of production, often measured as the rate at which an economy can produce goods and services relative to inputs over time.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations, including all of the great powers, eventually forming two opposing military alliances: the Allies and the Axis.

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