(5 points) In a study of purchasing behavior at a small shop, it was found that...
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(5 points) In a study of purchasing behavior at a small shop, it was found that the probabaty that a purchase is more than $5 is 0.29, the probability that a customer will pay with a credit card is 0.3, and the probability that a purchase is more than $5 and the purchase is paid with a credit card is 0.12 Fill in the following joint probability table Pay with credit card Not pay with credit card Total Purchase is more than $5 Purchase is $5 or less Total A customer did not pay with a credit card. What is the probability that their purchase was $5 or less? (5 points) In a study of purchasing behavior at a small shop, it was found that the probabaty that a purchase is more than $5 is 0.29, the probability that a customer will pay with a credit card is 0.3, and the probability that a purchase is more than $5 and the purchase is paid with a credit card is 0.12 Fill in the following joint probability table Pay with credit card Not pay with credit card Total Purchase is more than $5 Purchase is $5 or less Total A customer did not pay with a credit card. What is the probability that their purchase was $5 or less?
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Based on the given probabilities here we fill the required co... View the full answer
Related Book For
Probability And Statistics
ISBN: 9780321500465
4th Edition
Authors: Morris H. DeGroot, Mark J. Schervish
Posted Date:
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