The Results of a Census of 2,500 Employees of a Mid-Sized

Multiple Choice

The results of a census of 2,500 employees of a mid-sized company with 401(k) retirement accounts are as follows: Suppose researchers are going to sample employees from the company for further study.
Based on the relative frequency assessment method,what is the probability that a randomly selected employee will have a 401(k) account balance of between $25,000 and $49,999?

A) 0.1580
B) 0.1040
C) 0.6160
D) 0.4040