Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The 120 consumers were asked about their buying preferences concerning a product that is sold in the market under three labels. The results were: 12
The 120 consumers were asked about their buying preferences concerning a product that is sold in the market under three labels. The results were: 12 buy only those sold under label A, 25 buy only those sold under label B, 26 buy only those sold under label C, 15 buy only those sold under labels A and B, 10 buy only those sold under labels A and C, 12 buy only those sold under labels B and C and 8 buy the product sold under all three labels.
8.How many of the consumers surveyed buy the product sold under Label C?
a. 25 b. 31 c. 26 d. 37 e. 56
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started