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Recently, the stock market took big swings up and down. A survey of 981 adult in

ID: 3071900 • Letter: R

Question

Recently, the stock market took big swings up and down. A survey of 981 adult investors asked how often they tracked their portfolio. The table shows the investor responses. What is the probability that an adult investor tracks his or her portfolio daily? Express your answer as a simplified fraction and as a decimal rounded to three decimal places Daily Weekly Monthly Couple times a year Don't track How frequently?Response 234 277 275 137 58 OA. 277 OB. 137 981 0.282 C. 26.0.239 981 0.140 O D. 275 109 981 0.280

Explanation / Answer

P(An adult investor tracks his or her portfolio daily)

= 234 / 981

= 26/109

Option C is correct.