FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

62% of Amazon customers have a Prime account. For customers with a prime account, 83% have made a purchase within the last 30 days. For

image text in transcribed

image text in transcribed
62% of Amazon customers have a Prime account. For customers with a prime account, 83% have made a purchase within the last 30 days. For customers without a Prime account, 47% have made a purchase within the last 30 days. What is the probability that a randomly selected customer has made a purchase within the last 30 days

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Real Mathematical Analysis

Real Mathematical Analysis

Authors: Charles C Pugh

2nd Edition

3319177710, 9783319177717

More Books

Students also viewed these Mathematics questions

Question

★★★★★
Is the distinction between intra-industry trade and interindustry trade a useful distinction? Why or why not?

Answered: 1 week ago

Question

★★★★★
How did the academic environment and work change from high school to college?

Answered: 1 week ago

Question

★★★★★
The probability function of a discrete random variable X is given by for some integer n 2 and a suitable constant c. (i) Prove that c = 2. (ii) Find the expected value E(X) and the variance Var(X)....

Answered: 1 week ago

Question

★★★★★
Carol Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing, and shearing. In the Dyeing Department, direct materials (dye) are added at the...

Answered: 1 week ago

Question

★★★★★
Net cash flowsCentral Laundry and Cleaners is considering replacing an existing piece of machinery with a more sophisticated machine. The old machine was purchased 3 years ago at a cost of $46,100,...

Answered: 1 week ago

Question

★★★★★
INCOME STATEMENT Sales Cost of Sales Gross Profit Selling, Marketing, Distribution Exp., General Ad. Exp, R&D Expense Other Income From Operating Activities Other Expense From Operating Activites...

Answered: 1 week ago

Question

★★★★★
Why are research hypotheses considered tentative? Select answer from the options below They involve two variables. They are only verified after being empirically tested. They are only interesting to...

Answered: 1 week ago

Question

★★★★★
Assuming the friends decide to offer the securities publicly, but only in their home state, they must: apply for a blue-sky exemption. confirm that all purchasers are accredited investors. register...

Answered: 1 week ago

Question

★★★★★
In the case study Metagenom Bio Inc: Protecting Intellectual Property Rights in China. What are the social and legal models in China for the protection of IPR? What are the challenges to an entity's...

Answered: 1 week ago

Question

★★★★★
An insurer has $2,500,000 in total earned premiums for the year. It experiences and pays out in one year $1,000,000 in total losses and $500,000 in underwriting expenses. As a result, under statutory...

Answered: 1 week ago

Question

★★★★★
Shakeia Duncan wants to know what home price she can afford. Her annual gross income is $ 4 6 , 8 0 0 . She owes $ 8 3 0 per month on other debts and expects her property taxes and homeowner's...

Answered: 1 week ago

Question

★★★★★
Two investigators are interested in studying the health of men 18-24 years old in Baltimore City. Investigator A plans to take a random sample of 100 men age 18-24 from Baltimore City. Investigator B...

Answered: 1 week ago

Question

★★★★★
2. In this chapter, the reader should reflect on the following concepts: benchmark-ing, competence development, thought dispositions, identity and perception.

Answered: 1 week ago

Question

★★★★★
Is it necessary to change something in your everyday life in order for you to achieve the goal?

Answered: 1 week ago

Question

★★★★★
What comments do you get from the outside world in the imagined future when you have achieved what you wanted?

Answered: 1 week ago

Previous Question Next Question