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Suppose 40% of your customers have debit cards, and of those customers, 60% use credit cards. You also know that of your customers who don't

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Suppose 40% of your customers have debit cards, and of those customers, 60% use credit cards. You also know that of your customers who don't have debit cards, 80% use credit cards. Let D-debit card, ND - no debit card, C-credit card users and NC-non-credit card users. 5. Fill in the table using only probability notation, for example P(D) or P(ND and C) or P(D C). DO NOT CALCULATE ANYTHING OR SHOW ANY FORMULAS. Credit Card No Credit Card Total Debit card No debit card Total 6. Now using the MULTIPLICATION RULE (see lecture notes), fill in the appropriate numbers in all parts of the table below Show all formulas, notation, and calculations for the 4 cells in the table. Then just sum to get the marginal totals. (Work - next page) Credit Card No Credit Card Total Debit No debit curd Total

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