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QUESTION 5 Table 5 Low Price Medium price High price High quality 65 55 80 Low quality 40 15 45 Using table 5 above 1)
QUESTION 5 Table 5 Low Price Medium price High price High quality 65 55 80 Low quality 40 15 45 Using table 5 above 1) What is the probability of randomly selecting a low price product 2) What is the probability of selecting a low quality product and high price 3) What is the probability of selecting a low quality or high price product 4) Given a client selects high quality, what is the probability of selecting a medium price product
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