11. In Example 3.21 in Chapter 3, we developed the following cross-tabulation of sales transaction data: Region...
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11. In Example 3.21 in Chapter 3, we developed the following cross-tabulation of sales transaction data:
Region Book DVD Total East 56 42 98 North 43 42 85 South 62 37 99 West 100 90 190 Total 261 211 472
a. Find the probabilities that a sale originated in each of the four regions and the probability of each type of sale (book or DVD).
b. Find the conditional probabilities of selling a book given that the customer resides in each region.
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Related Book For
Business Analytics Methods Models And Decisions
ISBN: 9780132950619
1st Edition
Authors: James R. Evans
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