Instruction 4-3 a Survey Is Taken Among Customers of Fast-Food Restaurants to Restaurants

question 30

Short Answer

Instruction 4-3
A survey is taken among customers of fast-food restaurants to determine preference for hamburgers or chicken.Of 200 respondents selected,75 were children and 125 were adults.120 preferred hamburgers and 80 preferred chicken.55 of the children preferred hamburgers.
-Referring to Instruction 4-3,the probability that a randomly selected individual is an adult or a child is ________.

---

Definitions:

Outward-Oriented Policies

Economic policies aimed at promoting international trade by reducing trade barriers and embracing globalization to stimulate economic growth.

Growth

The increase in the economic output and productivity of a country, measured by its Gross Domestic Product (GDP) over time.

Factors Of Production

The inputs used to produce goods and services

Property Rights

The ability of an individual to own and exercise control over scarce resources.