Consumers are aware that companies share and sell their personal data in exchange for free services, but
Question:
Consumers are aware that companies share and sell their personal data in exchange for free services, but is it important to consumers to have a clear understanding of a company's privacy policy before signing up for its service online? According to an Axios-SurveyMonkey poll, 911 of 1,001 older adults (aged 65+) indicate that it is important to have a clear understanding of a company's privacy policy before signing up for its service online and 195 of 260 younger adults (aged 18-24) indicate that it is important to have a clear understanding of a company's privacy policy before signing up for its service online.
Construct a contingency table to evaluate the probabilities. What is the probability that a respondent chosen at random
a. Indicates it is important to have a clear understanding of a company's privacy policy before signing up for its service online?
b. Is an older adult and indicates it is important to have a clear understanding of a company's privacy policy before signing up for its service online?
c. Is an older adult or indicates it is important to have a clear understanding of a company's privacy policy before signing up for its service online?
d. Is an older adult or a younger adult?
Step by Step Answer:
Statistics For Managers Using Microsoft Excel
ISBN: 9780135969854
9th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat