Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer questions a-c 18-34 35-44 45-54 55+ Totals More likely 238 329 360 402 1329 Less likely 22 6 22 16 Neither more nor less

image text in transcribed

Answer questions a-c

image text in transcribed
18-34 35-44 45-54 55+ Totals More likely 238 329 360 402 1329 Less likely 22 6 22 16 Neither more nor less likely 282 201 164 118 765 Totals 542 536 546 536 2160) a. What is the probability that a randomly selected individual is 35-44 years of age, given the individual is more likely to buy a product emphasized as "Made in America"? E = "made in America " P(EandF ) = P(E and F) 329 F = " 35- 44" 536 = 0.614 PIE b. What is the probability that a randomly selected individual is more likely to buy a product emphasized as "Made in America," given the individual is 35-44 years of age? E= 1135-44" P(E andF = PIE and F) 319 F= " made in America " 1329 =0-248 PIE ) c. Are 18- to 34-year-olds more likely to buy a product emphasized as "Made in America" than individuals in general? Explain using calculations

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_2

Step: 3

blur-text-image_3

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

Topology

Authors: Marco Manetti

1st Edition

3319169580, 9783319169583

More Books

Students also viewed these Mathematics questions