Question
3. In a recent survey, 39% of people in the United States say that gas prices have affected the type of vehicle they will buy. In a sample of 500 people who are in the market for a new vehicle, how many would you expect to be influenced by gas prices?
Answers
GPT 3.5
To calculate the number of people who would be expected to be influenced by gas prices in a sample of 500 people, we need to multiply the percentage of people who say gas prices affect their vehicle choice (39%) by the total number of people in the sample (500):
Number of people influenced = 39% * 500
Number of people influenced = 0.39 * 500
Number of people influenced = 195
Therefore, we would expect approximately 195 people to be influenced by gas prices in a sample of 500 people.
Number of people influenced = 39% * 500
Number of people influenced = 0.39 * 500
Number of people influenced = 195
Therefore, we would expect approximately 195 people to be influenced by gas prices in a sample of 500 people.