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_04 03/19/2022 Question 7, 4.1.13 Part 2 of 4 HW Score: 54.17%, 6.5 of 12 points Points: 0 of 1 Do Generation X and Boomers
_04 03/19/2022 Question 7, 4.1.13 Part 2 of 4 HW Score: 54.17%, 6.5 of 12 points Points: 0 of 1 Do Generation X and Boomers differ in how they use credit cards? A sample of 1,000 Generation X and 1,000 Boomers revealed the results in the accompanying table. Click the icon to view the table. If a respondent is selected at random, what is the probability that he or she a. pays the full amount each month? b. is a Generation X and pays the full amount each month? c. is a Generation X or pays the full amount each month? d. Explain the difference in the results of (b) and (c). a. The probability that a randomly selected respondent pays the full amount each month is 0.505. (Round to three decimal places as needed.) b. The probability that a randomly selected respondent is a Generation X and pays the full amount each month is. (Round to three decimal places as needed.) Clear all Check answer ew an example Get more help - ricut cricut OCT tv 18Contingency Table - X ree Increase Use of Social Media? Business Focus B2B B2C Yes Total 1,083 913 1,996 No 303 722 1,025 Total 1,386 1,635 3,021 Print Done Cle et more help - cricut cric 4 OCT tvCh_04 03/19/2022 Question 6. 4.1.11 ) HW Score: 54.17%, 6.5 of 12 points Part 2 of 4 0 Points: 0 of 1 A survey about social media reported that 78% of 828 marketers (marketers that focus primarily on attracting businesses) plan to increase their use of social media, as compared to 56 e- 320 marketers (marketers that primarily target consumers). The survey was based on 1,386 828 marketers and 1,635 820 marketers. The accompanying table summarizes the results, Complete parts (a) through (d) below. a Click the icon to View the contingency table about social media use and marketers. ,,.i, .i. .7 .7. 7. 4 a. What is the probability that a randomly selected respondent plans to increase use of social media? 0.661' (Round to three decimal places as needed) ' ' b. What is me probability that a randomly selected respondent is a 820 marketer? i l D (Round to three decimal places as needed.) l r l l What is the probability that a randomly selected respondent plans to increase use of social media? What is the probability that a randomly selected respondent is a 82C marketer? What is the probability that a randomly selected respondent plans to increase use of social media or is a B2C marketer? Explain the difference in the results in (b) and (c). Data table -X GENERATION PAY FULL AMOUNT EACH MONTH Generation X Boomers Total Yes 430 580 1,010 No 570 420 990 Total 1,000 1,000 2,000 Print Done
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