The Contingency Table Below Provides Frequencies for the Preferred Type

question 105

Multiple Choice

The contingency table below provides frequencies for the preferred type of exercise for people under the age of 35,and those 35 years of age or older.Find the probability that an individual prefers biking given that he/she is 35 years old or older.

• A)0.1698
• B)0.1824
• C)0.8175
• D)0.8302

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Definitions:

Historical Cost

An accounting principle that assets should be recorded and valued at their original purchase cost.

Future Sacrifice

An expected loss of economic benefits due to commitments or obligations a business has entered into.

Liability

A financial obligation or debt owed by a business to another entity, typically due for repayment in the future.

Company

A legal entity formed by individuals, stockholders, or shareholders, with the purpose of operating for profit.