3) It has been reported that men are more likely than women to participate in online auctions. A recent study found that 50% of Internet shoppers are women and that 30% of Internet shoppers have participated in online auctions. Moreover, 25% of online shoppers were men and had participated in online auctions. a) Construct the contingency table with marginal values. b) What is the probability that a randomly chosen participant will be a woman who does not participate in online auction? c) Given that a participant participates in an online auction, what would be its probability of being a man? d) Are gender and participation in online auctions independent? Explain.
3) It has been reported that men are more likely than women to participate in online auctions. A recent study found that 50% of Internet shoppers are women and that 30% of Internet shoppers have participated in online auctions. Moreover, 25% of online shoppers were men and had participated in online auctions. a) Construct the contingency table with marginal values. b) What is the probability that a randomly chosen participant will be a woman who does not participate in online auction? c) Given that a participant participates in an online auction, what would be its probability of being a man? d) Are gender and participation in online auctions independent? Explain.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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