Suppose Bank of America Would Like to Investigate If the Credit

question 55

Multiple Choice

Suppose Bank of America would like to investigate if the credit score and income level of an individual are independent of one another.Bank of America selected a random sample of 400 adults and asked them to report their credit score range and their income range.The following contingency table presents these results. The expected number of individuals with income less than $50,000 and a credit score between 650 and 750 is ______.

• A) 24.0
• B) 26.0
• C) 32.5
• D) 52.0

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Definitions:

Use and Enjoyment

The right of a property owner or tenant to occupy and use property without interference.

Land

A property or parcel of the earth's surface, including resources and physical environment, which can be owned or leased.

EIS

Environmental Impact Statement, a document required for major federal actions in the United States, outlining the effects on the environment of proposed projects.

Psychological Effects

The impacts or changes in an individual's mental state, emotions, or behavior as a result of an experience, condition, or external stimulus.