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Suppose that, from a population of 50 bank accounts, we want to take a random sample of 4 accounts in order to learn about the
- Suppose that, from a population of 50 bank accounts, we want to take a random sample of 4 accounts in order to learn about the population.How many different random samples of 4 accounts are possible?
- A large consumer goods company ran a television advertisement for one of its soap products.On the basis of a survey that was conducted, probabilities were assigned to the following events.
B = individual purchased the product
S = individual recalls seeing the advertisement
BS = individual purchased the product and recalls seeing the advertisement
The probabilities assigned were P(B) = .20, P(S) = .40, P(BS) = .12
- What is the probability of an individual's purchasing the product given that the individual recalls seeing the advertisement?
- Does seeing the advertisement increase the probability that the individual will purchase the product?
- The percentage of adult users of the Internet who use Facebook has increased over time (Pew Research Internet Project, 2013).Of adult Internet users age 18-49, 81% use Facebook.Of adult Internet users age 50 and older, 54% use Facebook.Assume that 52% of adult Internet users are age 18-49.
What is the probability that a randomly selected adult user of the Internet is age 50 or older?
Given that an adult Internet user uses Facebook, what is the probability that he/she is age 18-49?
- A survey of magazine subscribers showed that 45.8% rented a car during the past 12 months for business reasons, 54% rented a car during the past 12 months for personal reasons, and 30% rented a car during the past 12 months for both business and personal reasons.
- What is the probability that a subscriber rented a car during the past 12 months for business or personal reasons?
- What is the probability that a subscriber did not rent a car during the past 12 months for either business or personal reasons?
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