Carcass wrote:
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If a car at the dealership has less than 100,000 miles on it, what is the probability that it costs less than $25,000?
Round your answer to the nearest percent.
50%
57%
63%
67%
71%
Refer to the figure below (Area A)
Notice that the number of cars less than 100,000 miles on them are 7, and
But the numbers of cars having less than 100,000 miles on them and costing less than $25,000 are 3
% = \(\frac{3}{7}(100) = 57.14\)%
Hence, option B
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I hope this helps!
Regards:
Karun Mendiratta
Founder and Quant Trainer
Prepster Education, Delhi, Indiahttps://www.instagram.com/prepster_education/