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able 5 Low Price Medium price High price High quality 75 35 80 Low quality 80 15 65 Using table 5 above 1) What is

able 5

Low Price

Medium price

High price

High quality

75

35

80

Low quality

80

15

65

Using table 5 above

1) What is the probability of randomly selecting a low price product 0.440.190.690.180.460.870.140.10304.81 ?

2) What is the probability of selecting a low quality product and high price 0.440.190.690.180.460.870.140.10304.81 ?

3) What is the probability of selecting a low quality or high price product 0.440.190.690.180.460.870.140.10304.81 ?

4) Given a client selects high quality, what is the probability of selecting a mediumpriceproduct 0.440.190.690.180.460.870.140.10304.81 ?

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