Given the Contingency Table Shown Here,find the Probability That a Randomly

question 106

Multiple Choice

Given the contingency table shown here,find the probability that a randomly chosen individual is a female economics major.

• A)0.3404
• B)0.4700
• C)0.1600
• D)0.5333

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Definitions:

Forecast Values

Predicted numerical values based on historical data and analysis of trends, used in planning and decision-making processes.

Financial Plan

A comprehensive overview of an individual's or organization's current financial situation and long-term monetary goals, including strategies for achieving them.

Profits

Rewards earned by businesspeople who take the risks involved in blending people, technology, and information to create and market want-satisfying goods and services.

Future Periods

Time frames that lay ahead, in which planning, forecasting, and predictions are aimed towards.