Two Hundred People Were Asked If They Had Read a Book

question 90

Multiple Choice

Two hundred people were asked if they had read a book in the last month. The accompanying contingency table, cross-classified by age, is produced. Given that a respondent read a book in the last month, the probability that he or she is at least 30 years old is the closest to ________.

• A) 0.33
• B) 0.46
• C) 0.65
• D) 0.88

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Definitions:

Comprehensive Income

The total change in equity for a business that comes from non-owner sources during a specific period, including all unrealized gains and losses.

Statement of Financial Position

A financial document showing a company's assets, liabilities, and equity at a specific point in time, also known as a balance sheet.

Statement of Comprehensive Income

A financial statement that includes all changes in equity during a period except for those resulting from investments by and distributions to shareholders.

Sales Forecast

An estimation of the sales a company expects to achieve in a future period.