SOLUTION: The table shows, for some particular year, a listing of several income levels and, for each level, the proportion of the population in the level and the probability that a person i

Question 233464: The table shows, for some particular year, a listing of several income levels and, for each level, the proportion of the population in the level and the probability that a person in that level bought a new car during the year. Given that one of the people who bought a new car during that year is randomly selected, find the probability that that person was in the indicated income category. Round your answer to the nearest hundredth.
Income Level ProportionOf population Probability that Bought a new car
$0 - 4,999 5.2% .02
$5,000 - 9,999 6.4% .03
$10,000 - 14,999 5.4% .06
$15,000 - 19,999 8.7% .07
$20,000 � 24,999 9.4% .09
$25,000 - 29,999 10.2% .10
$30,000 � 34,999 13.8% .11
$35,000 - 39,999 10.7% .13
$40,000 - 49,999 15.5% .15
$50,000 and over 14.7% .19
5) $50,000 and over
A) .24 B) .25 C) .28 D) .22

Answer by 123456852(1) (Show Source): You can put this solution on YOUR website!
.28
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