Examlex
Students at a local university have the option of taking freshman seminars during their first year in college. A survey of the freshmen revealed the following: Among the social science majors, 50% chose to take a freshman seminar; among the humanities majors, 65% chose to take a freshman seminar; and among the physical science majors, it was 30%. Freshmen make up 32% of undergraduates. The probability of taking a freshman seminar, if a student is a science major, is:
Buick Owner's Demand
The specific preferences and buying patterns of individuals who own or are interested in purchasing Buick vehicles.
Gasoline
A volatile, flammable liquid derived from petroleum, used primarily as fuel in internal combustion engines.
Gas Pump
A gas pump is a machine at a filling station that is used to transfer gasoline from a reservoir to a vehicle's fuel tank.
Reservation Price
The maximum or minimum price at which a consumer is willing to buy or sell a good or service.
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