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 209 385 386 404 1384 Less likely 23 8 22 17 70 Neither more nor less likely 289 208 157 146 800 Total 521 601 565 567 2254 (a) What is the probability that a randomly selected individual is 45 to 54 years of age, given the individual is neither more nor less likely to buy a product emphasize 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 45 to 54 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 O No, less likely Click to select your answer(s)

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

New Trends In Shape Optimization

Authors: Aldo Pratelli, Günter Leugering

1st Edition

3319175637, 9783319175638

More Books

Students also viewed these Mathematics questions

Question

What is meant by the term industrial relations?

Answered: 1 week ago