A company experiments with different offers and website designs. Possible actions by the website include offering the customer an instant discount, offering the customer free shipping, or doing nothing. The experiment found that customers make purchases 6% of the time when offered the instant discount, 7% when offered free shipping, and 3% when no special offer was given. Suppose 30% of the customers are offered the discount and an additional 40% of the customers are offered free shipping. Complete parts (a) through (c). Question content area bottom Part 1 a) Construct a probability tree for this experiment. (Type integers or decimals.) Purchase Instant Discount and Purchase Instant Discount No Purchase Instant Discount and No Purchase Purchase Free Shipping and Purchase No Purchase Free Shipping and No Purchase Purchase No Special Offer and Purchase No Purchase No Special Offer and No Purchase
A company experiments with different offers and website designs. Possible actions by the website include offering the customer an instant discount, offering the customer free shipping, or doing nothing. The experiment found that customers make purchases 6% of the time when offered the instant discount, 7% when offered free shipping, and 3% when no special offer was given. Suppose 30% of the customers are offered the discount and an additional 40% of the customers are offered free shipping. Complete parts (a) through (c). Question content area bottom Part 1 a) Construct a probability tree for this experiment. (Type integers or decimals.) Purchase Instant Discount and Purchase Instant Discount No Purchase Instant Discount and No Purchase Purchase Free Shipping and Purchase No Purchase Free Shipping and No Purchase Purchase No Special Offer and Purchase No Purchase No Special Offer and No Purchase
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...
Related questions
Question
A company experiments with different offers and website designs. Possible actions by the website include offering the customer an instant discount, offering the customer free shipping, or doing nothing. The experiment found that customers make purchases
6%
of the time when offered the instant discount,
7%
when offered free shipping, and
3%
when no special offer was given. Suppose
30%
of the customers are offered the discount and an additional
40%
of the customers are offered free shipping. Complete parts (a) through (c).Question content area bottom
Part 1
a) Construct a probability tree for this experiment. (Type integers or decimals.)
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Instant Discount
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No Purchase
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Instant Discount and No Purchase
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Purchase
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Free Shipping and Purchase
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No Purchase
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Free Shipping and No Purchase
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Purchase
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No Special Offer and Purchase
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No Purchase
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No Special Offer and No Purchase
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