A department store reports that 30% of its customer transactions are in cash, 20% are by check, and the rest are by credit card. 20% of the cash transactions, 90% of the check transactions, and 60% of the credit card transactions are for more than $75. A customer has just made a $125 purchase. What is the probability that she paid cash?
A department store reports that 30% of its customer transactions are in cash, 20% are by check, and the rest are by credit card. 20% of the cash transactions, 90% of the check transactions, and 60% of the credit card transactions are for more than $75. A customer has just made a $125 purchase. What is the probability that she paid cash?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A department store reports that 30% of its customer transactions are in cash, 20% are by check, and the rest are by credit card. 20% of the cash transactions, 90% of the check transactions, and 60% of the credit card transactions are for more than $75. A customer has just made a $125 purchase. What is the probability that she paid cash?
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