Students in 10th and 11th grade were asked whether they have a job. The raw data was converted to relative frequencies and recorded in the table below.

Given the conditional relative frequency table by column, what does the 0.14 represent?
Given that a student is a 10th grader, there is a 14% chance he or she has a job.
Given that a student has a job, there is a 14% chance he or she is a 10th grader.
14% of the students surveyed are 10th graders who have a job.
14% of the students are 10th graders.