a car dealer organizes the inventory of a specific model of car into a frequency table comparing the type of…

a car dealer organizes the inventory of a specific model of car into a frequency table comparing the type of car and the model year. the dealer used the data from the frequency table to create this conditional relative frequency table by column.\ncar inventory\n| |coupe|sedan|total|\n|--|--|--|--|\n|current model year|0.9|0.75|~0.79|\n|previous model year|0.1|0.25|~0.21|\n|total|1.0|1.0|1.0|\nwhich is the best description of the 0.1 in the table?\ngiven that a car is a coupe, there is a 10% chance it is from the previous model year.\ngiven that a car is from the previous model year, there is a 10% chance that it is a coupe.\nthere is a 10% chance that the car is from the previous model year.\nthere is a 10% chance that the car is a coupe.

a car dealer organizes the inventory of a specific model of car into a frequency table comparing the type of car and the model year. the dealer used the data from the frequency table to create this conditional relative frequency table by column.\ncar inventory\n| |coupe|sedan|total|\n|--|--|--|--|\n|current model year|0.9|0.75|~0.79|\n|previous model year|0.1|0.25|~0.21|\n|total|1.0|1.0|1.0|\nwhich is the best description of the 0.1 in the table?\ngiven that a car is a coupe, there is a 10% chance it is from the previous model year.\ngiven that a car is from the previous model year, there is a 10% chance that it is a coupe.\nthere is a 10% chance that the car is from the previous model year.\nthere is a 10% chance that the car is a coupe.

Answer

Answer:

A. Given that a car is a coupe, there is a 10% chance it is from the previous model year.

Explanation:

Step1: Analyze conditional relative frequency

The table is a conditional relative - frequency table by column. The columns represent the type of car (coupe and sedan). The values in the table are conditional probabilities.

Step2: Interpret the value 0.1

The 0.1 is in the "Coupe" column and "Previous Model Year" row. This means that among all coupes (the condition), the proportion of coupes that are from the previous model year is 0.1 or 10%.