Use the following information to answer questions . Suppose that a recent poll of American households about
car ownership found that for households with a car, 39% owned a sedan, 33% owned a van, and 7% owned a sports
car. Suppose that three households are selected randomly and with replacement.
-What is the probability that all three randomly selected households own a van? (Round to the nearest thousandth)
A)0.059
B)0.036
C)0.003
D)0.964

Question

Quizplus · Accepted Answer

The probability that all three randomly selected households own a van is found by multiplying the probability of one household owning a van (33% or 0.33) by itself three times (since the selections are independent and with replacement). Thus, $0.33 \times 0.33 \times 0.33 = 0.035937$, which rounds to 0.036.

Use the Following Information to Answer Questions