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CS Equipment concerns on analysing the results of an intent-to-purchase study. Table 1 presents the results of the sample of 1,000 households surveyed in terms
CS Equipment concerns on analysing the results of an intent-to-purchase study. Table 1 presents the results of the sample of 1,000 households surveyed in terms of purchase behaviour for pressure cooker. Planned to Actually Purchased Purchase yes No yes 200 50 No 100 650 Table 1 Question 1: What is the sample space? Answer: Question 2: What is the probability of selecting a household that planned to purchase a pressure cooker? Answer : Question 3: What is the probability of picking a household that planned to purchase and actually purchased a pressure cooker? Answer : Question 4: What is the probability of planned to purchase or actually purchased? Accessibility: Investigate 25
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