A local beer producer sells two types of beer, a regular brand and a light brand with
Question:
a. If a blue-collar worker is chosen at random from this group, what is the probability that he/she prefers light beer (to regular beer or no beer at all)?
b. If a white-collar worker is chosen at random from this group, what is the probability that he/she prefers light beer (to regular beer or no beer at all)?
c. If you restrict your attention to workers who like to drink beer, what is the probability that a randomly selected blue-collar worker prefers to drink light beer?
d. If you restrict your attention to workers who like to drink beer, what is the probability that a randomly selected white-collar worker prefers to drink light beer?
e. Does the company’s marketing strategy appear to be appropriate? Explain why or why not.
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Related Book For
Data Analysis And Decision Making
ISBN: 415
4th Edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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