Question
A store analyzed a sample of its recent sales and recorded the value of the sale and the method of payment. The results are summarized
A store analyzed a sample of its recent sales and recorded the value of the sale and the method of payment. The results are summarized in the following table:
Show basic workings. Answers may be left as fractions.
a) What is the probability that a customer used cash?
b) What is the probability that a cash purchase was under $20?
c) What is the probability that a customer made a purchase under $20 or used cash?
d) What is the probability that a customer paid by cash, given that they spent under $20?
e) Are the events "payment by cash" and "purchase under $20" independent? Explain.
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