Suppose You Want to Estimate the Probability That a Randomly

Multiple Choice

Suppose you want to estimate the probability that a randomly selected customer at a particular grocery store will pay by credit card. Over the past 3 months, 70,600 purchases were made, and 22,200 of them were paid for by credit card. What is the estimated probability that a randomly selected customer will pay by credit card? ​

A) 0.3144
B) 0.5391
C) 0.7233
D) 0.8548
E) 0.8633