CONDITIONAL AND MARGINAL PROBABILITY - Statistics and probability 1) A USA Today article titled: Yum Brands Makes Dynasty in China, (February 7, 2005) reports on how Yum Brands, the world's largest restaurant company, is taking the fast food industry to China, India and other big countries. Yum Brands, a subsidiary of PepsiCo, has been delivering double-digit earnings growth in the past year. (IMG) Suppose that when the CEO of Yum Brands was interviewed for this article, he was asked the following questions. How could you have answered based on the following table? a) What percentage of its stores are in the United States? b) What percentage of your stores are in other countries? c) What percentage of their stores are Pizza Huts?
CONDITIONAL AND MARGINAL PROBABILITY - Statistics and probability
1) A USA Today article titled: Yum Brands Makes Dynasty in China, (February 7, 2005) reports on how Yum Brands, the world's largest restaurant company, is taking the fast food industry to China, India and other big countries. Yum Brands, a subsidiary of PepsiCo, has been delivering double-digit earnings growth in the past year.
(IMG)
Suppose that when the CEO of Yum Brands was interviewed for this article, he was asked the following questions. How could you have answered based on the following table?
a) What percentage of its stores are in the United States?
b) What percentage of your stores are in other countries?
c) What percentage of their stores are Pizza Huts?
Step by step
Solved in 5 steps with 3 images