University Students Were Given Three Choices of Pizza Toppings and Asked

question 10

Multiple Choice

University students were given three choices of pizza toppings and asked to choose one favorite.They were also asked what year of their program they were in.The following table shows the results. $$\begin{array} { c | c c c c } \text { toppings/year } & 1 \text { st } & \text { 2nd } & \text { 3rd } & \text { 4th } \\\hline \text { cheese } & 10 & 16 & 21 & 22 \\\text { meat } & 20 & 22 & 16 & 10 \\\text { veggie } & 16 & 10 & 20 & 22\end{array}$$ Among the students in their third year,what is the probability that a student responded "meat"?

• A)0.235
• B)0.078
• C)0.281
• D)0.16
• E)0.299

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Definitions:

Homogeneous Oligopoly

A market structure where a few firms offer products or services that are similar and interchangeable.

Herfindahl Index

A benchmark for evaluating the magnitude of firms against the backdrop of the industry, indicating competitive pressures.

Market Shares

The segment of a market dominated by a specific company or product, typically represented by a percentage of the overall sales within that market.

Composing

The act of creating or forming something, often referred to in the context of writing or music.