QUESTION 8

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 0.350.150.600.280.733.330.95 ?

2) What is the probability of selecting a low quality product and high price 0.350.150.600.280.733.330.95 ?

3) What is the probability of selecting a low quality or high price product 0.350.150.600.280.733.330.95 ?

4) Given a client selects high quality, what is the probability of selecting a mediumpriceproduct 0.350.150.600.280.733.330.95 ?