Given the Contingency Table Shown Here, If a Survey Participant $\quad$

question 92

Multiple Choice

Given the contingency table shown here, if a survey participant is selected at random, what is the probability he/she is an undergrad who favors the change to a quarter system? $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text { Group Surveyed }$

$\begin{array}{|c|c|c|c|c|}\hline \text { Opinion: } &\text { Undergrads }(U) & \text { Graduates }(G) & \text { Faculty }(F) & \text { Row Total } \\\hline \text { Oppose Change (N) } &73 & 27 & 20&120 \\\hline \text { Favor Change (S) } &27 & 23 & 30&80 \\\hline \text { Col Total } &100 & 50 & 50&200 \\\hline\end{array}$

• A).270
• B).135
• C).338
• D).756

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds over a period, included on the income statement.

Semi-Annually

Occurring twice a year or every six months, typically used in relation to payments, reports, or interest accruals.

Instalment Payments

Payments made regularly over a period of time to settle a debt.

Periodic Amounts

Regularly scheduled payments or receipts over a defined period.