In the Parking Lot Below Me, 40% of the Vehicles

question 2

Multiple Choice

In the parking lot below me, 40% of the vehicles are silver, and about 25% of the vehicles are pickup trucks. The probability that the next vehicle to leave the parking lot will be a silver pickup is

• A) .40
• B) .65
• C) .10
• D) It can't be estimated without knowing that color and type of vehicle are independent.

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Definitions:

1970s

A decade characterized by various global events, including economic changes, political realignments, and significant cultural evolution.

1980s

A decade marked by significant cultural, political, and technological changes around the world, including the end of the Cold War and the beginning of the personal computing revolution.

Misery Index

An economic indicator created by adding the unemployment rate to the inflation rate, aiming to measure the health of an economy and the well-being of its citizens.

Unemployment

A macroeconomic condition where individuals who are capable of working and are seeking work cannot find employment.