Questions 7 and 8 refer to the following information.
The table below shows the relative investment in alternative energy sources in the United States
by type. One column shows the relative investment in 2007 of $75 million total invested in
alternative energy. The other column shows the projected relative investment in 2017 given
current trends. The total projected investment in alternative energy in 2017 is $254 million.
United States Investment in Alternative Energy Sources
(^) Actual 2007 Investment Projected 2017 Investment
Biofuels 0.31 0.34
Wind 0.40 0.32
Solar 0.27 0.30
Fuel Cells 0.02 0.04
Total 1.00 1.00
7 .Based on the information in the table, if an investment was made in alternative energy in
2007, what is the probability that the money was invested in wind resources?
A)
B)
C)
D)
8 .Based on the information in the table, which of the following statements is the most
accurate?
A) The value of the 2007 investment in biofuels was approximately $50 million.
B) The portion of total alternative energy investment focused on wind sources is
projected to decrease by 8% in 2017.
C) The dollar amount invested in fuel cells in 2007 is projected to double in 2017.
D) The top three types of alternative energy were invested in more equally in 2007 than
they are projected to be in 2017.