Answered step by step
Verified Expert Solution
Question
1 Approved Answer
i need help with this question can you please help thank you so much A retail store has 1400 customers registered under their loyalty program,
i need help with this question can you please help thank you so much
A retail store has 1400 customers registered under their loyalty program, which promotes only two levels: Standard, VIP. The store offers special discounts for students. The store currently has 800 VIP registered customers, 300 of whom are students. The store has a total of 700 customers registered as students. Calculate the following (Round the answer to 2 decimal places): The probability of a customer being a VIP member The probability of a customer being a student The probability of a customer being a VIP member OR a student The probability of a customer being a Standard member AND a student The probability of a customer being a Standard member OR a student If a given customer VIP, what is the probability of them being a student Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started