Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In a recent poll, a random sample of adults in some country (18 years and older) was asked, When you see an ad emphasizing that

image text in transcribed
In a recent poll, a random sample of adults in some country (18 years and older) was asked, "When you see an ad emphasizing that a product is "Made in our country," are you more likely to buy it, less likely to buy it, or neither more nor less likely to buy it?" The results of the survey, by age group, are presented in the following contingency table. Complete parts (a) through (c). Purchase likelihood 18-34 35-44 45-54 55 + Total More likely 221 375 390 402 1388 Less likely 20 9 21 15 65 Neither more nor less likely 283 218 173 113 787 Total 524 602 584 530 2240 (a) What is the probability that a randomly selected individual is at least 55 years of age, given the individual is neither more nor less likely to buy a product emphasized as "Made in our country"? The probability is approximately. (Round to three decimal places as needed.) (b) What is the probability that a randomly selected individual is neither more nor less likely to buy a product emphasized as "Made in our country," given the individual is at least 55 years of age? The probability is approximately]- (Round to three decimal places as needed.) (c) Are 18- to 34-year-olds more likely to buy a product emphasized as "Made in our country" than individuals in general? O Yes, more likely No, less likely

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

Step: 3

blur-text-image

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

Birds Higher Engineering Mathematics

Authors: John Bird

9th Edition

1000353036, 9781000353037

More Books

Students also viewed these Mathematics questions