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Through a telephone survey, a low-interest bank credit card is offered to 400 households. The responses are as tabled. (. A travs de una encuesta
- Through a telephone survey, a low-interest bank credit card is offered to 400 households. The responses are as tabled. (. A travs de una encuesta telefnica, se ofrece una tarjeta de crdito bancaria a bajo inters a 400 hogares.Las respuestas son como estn tabuladas.)
Income $60,000 | Income > $60,000 | |
Accept offer | 40 | 30 |
Reject offer | 210 | 120 |
a. | Develop a joint probability table and show the marginal probabilities. |
b. | What is the probability of a household whose income exceeds $60,000 and who rejects the offer? |
c. | If income is $60,000, what is the probability the offer will be accepted? |
d. | If the offer is accepted, what is the probability that income exceeds $60,000? |
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