A company is deciding between a blue logo and a gold logo. Suppose 50 out of 160 adultsapprove of the blue logo, and 210 out of 250 children approve of the blue logo. Suppose 220out of 400 adults approve of the gold logo, and 37 out of 40 children approve of the gold logo. (a) Which logo has a higher approval rate among adults (and what is that rate as apercentage)? (b) Which logo has a higher approval rate among children (and what is that rate as apercentage)? (c) Which logo has a higher approval rate overall (and what is that rate as a percentage)?

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...
icon
Related questions
Question

A company is deciding between a blue logo and a gold logo. Suppose 50 out of 160 adultsapprove of the blue logo, and 210 out of 250 children approve of the blue logo. Suppose 220out of 400 adults approve of the gold logo, and 37 out of 40 children approve of the gold logo.

(a) Which logo has a higher approval rate among adults (and what is that rate as apercentage)?

(b) Which logo has a higher approval rate among children (and what is that rate as apercentage)?

(c) Which logo has a higher approval rate overall (and what is that rate as a percentage)?

Expert Solution
Step 1:-

Approval rate among adults for blue logo= 50/160 = 0.3125 = 31.25%

Approval rate among adults for gold logo= 220/400 = 0.55 = 55%

Gold logo has a higher approval rate among adults i.e. 55% 

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Point Estimation, Limit Theorems, Approximations, and Bounds
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON