In a recent poll, a random sample of adults in some country (18 years and older) was asked, "When you see an ad emphasizing that a product is "Made in our country," are you more likely to buy it, less likely to buy it, or neither more nor less likely to buy it?" The results of the survey, by age group, are presented in the following contingency table. Complete parts (a) through (c). Purchase likelihood 18-34 35-44 45-54 55+ Total More likely 212 343 390 400 1345 Less likely 20 7 21 13 61 Neither more nor less likely 295 219 175 101 790 Total 527 569 586 514 2196 (a) What is the probability that a randomly selected individual is at least 55 years of age, given the individual is more likely to buy a product emphasized as "Made in our country"? The probability is approximately nothing. (Round to three decimal places as needed.)

In a recent poll, a random sample of adults in some country (18 years and older) was asked, "When you see an ad emphasizing that a product is "Made in our country," are you more likely to buy it, less likely to buy it, or neither more nor less likely to buy it?" The results of the survey, by age group, are presented in the following contingency table. Complete parts (a) through (c). Purchase likelihood 18-34 35-44 45-54 55+ Total More likely 212 343 390 400 1345 Less likely 20 7 21 13 61 Neither more nor less likely 295 219 175 101 790 Total 527 569 586 514 2196 (a) What is the probability that a randomly selected individual is at least 55 years of age, given the individual is more likely to buy a product emphasized as "Made in our country"? The probability is approximately nothing. (Round to three decimal places as needed.)

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...

See similar textbooks

Purchase likelihood	18-34	35-44	45-54	55+	Total
More likely	212	343	390	400	1345
Less likely	20	7	21	13	61
Neither more nor less likely	295	219	175	101	790
Total	527	569	586	514	2196

Similar questions

In each scenario, identify the population, the sample, and any population parameters or sample statistics that are given. US realtors across the country are encouraged by the latest reports on the real estate market. Considering seasonal factors, sales rose by nearly 9% in the West, 3.5% in the South, 3.4% in the northeast, and 1% in the Midwest.
The average asking rent for 10 markets, and the corresponding monthly mortgage on the median priced home (including taxes and insurance) for 10 cities are given in Rent ($) Mortgage ($) City 1 840 539 City 2 1062 1002 City 3 823 626 City 4 779 711 City 5 796 655 City 6 1071 977 City 7 953 776 City 8 851 695 City 9 762 651 City 10 723 654 What is the quadratic regression model to predict the monthly mortgage on the median priced home, using average asking rent? Fill in the coefficient for the Quadratic independent variable (keep 3 decimal points).
The average asking rent for 10 markets, and the corresponding monthly mortgage on the median priced home (including taxes and insurance) for 10 cities are given in Rent ($) Mortgage ($) City 1 840 539 City 2 1062 1002 City 3 823 626 City 4 779 711 City 5 796 655 City 6 1071 977 City 7 953 776 City 8 851 695 City 9 762 651 City 10 723 654 What is the simple linear regression model to predict the monthly mortgage on the median priced home, using average asking rent? Fill in the coefficient for the LINEAR independent variable (keep 2 decimal points).
Credit card debt: In a survey of 1118 U.S. adults conducted in 2012 by the Financial Industry Regulatory Authority, 810 said
12
A certain company will purchase the house of any employee who is transferred out of state and will handle all details of reselling the house. The purchase price is based on two assessments, one assessor being chosen by the employee and one by the company. Based on the sample of eight assessments shown, do the two assessors agree? Use the .01 level of significance. Assessments of Eight Homes ($ thousands) Assessed by Home 1 Home 2 Home 3 Home 4 Home 5 Home 6 Home 7 Home 8 Company 330 345 452 270 298 286 537 744 Employee 317 350 473 280 307 283 523 769 Click here for the Excel Data File (a) Choose the appropriate hypotheses. Assume d = company assessed value – employee assessed value. multiple choice 1 H0: μd = 0 versus H1: μd ≠ 0. H0: μd ≠ 0 versus H1: μd = 0. (b) State the decision rule for .01 level of significance. (Round your answers to 2 decimal places. A negative value should be indicated by a minus sign.) Reject the null hypothesis if tcalc < or…
1. Sample data about the listing price of a house is collected from Surrey, Guilford area in 2022 and the data is given below. Using the data answer the following questions: N 1 2 3 4 5 Listing Price 1049900 11 1229000 1049900 12 1230000 1050000 13 1075000 14 1298999 1299000 1299000 1075000 15 16 1398000 1078800 1179000 17 18 1398000 1399000 1188000 1188000 19 1449900 1225000 20 1450000 a. What is the mean listing price of a home? b. Generate appropriate numerical summaries for the listing price of a home, the sample standard deviation, etc. 6 7 8 9 10 Listing Price N Listing Price 21 1450000 22 1450000 23 1469900 24 1475000 25 1475000 26 1480000 1499000 27 28 1499000 29 1499233 30 1499900 N C. Use these summaries to develop a 95% confidence interval to estimate the mean listing price of a house in your selected city. That is, you will be using the sampling data you collected to estimate the population parameter (listing price). Make sure to show both your calculations and a final…
f(x, y) = = { 12 0 Marginal for Y (Express your answer in 2 decimal places). Add your answer 49 ≤ x ≤ 51,2 ≤ y ≤8 elsewhere
An experiment was performed to attempt to answer the question of interest posed in Question 12. In the experiment, 48 Israeli college students were randomly assigned to eat in groups of six. Before ordering, half of the groups were told they would each be responsible for individual meal costs and the other half were told that the cost would be split equally among the six people at the table. The cost of meals per person was recorded. Summary statistics are given below: Payment Type Split Individual Bill Sample 24 24 size Sample $37.29 $50.92 mean Sample $12.54 $14.33 st. dev. Suppose a 95% confidence interval for usplit - Hindividual is constructed. What is the value of the best estimate of the difference in population means? (Subtract "split bill" – “pay - individually".) Report your answer to two decimal places. $
b) Distribution of the Sample Proportion To assess attitudes towards issues that affect the residents of a village, the village randomly chose 800 families to participate in a survey of life attitudes. The village received 628 completed surveys. What is the sample proportion of completed surveys?
Sierra College students enrolled in an online Elementary Statistics course were asked to participate in an anonymous onlne survey. The survey asked the students "Which type of device will you primarily use to access your online course in Canvas?". Of the 152 students who answered this question, 20 responded "a desktop computer", 121 responded "a laptop computer", 6 responded "a smartphone", and 5 responded "a tablet". The Sierra College Mathematics Department believes that less than 5% of students enrolled in an online Elementary Statistics course primarily uses a smartphone to access their online course in Canvas. Use the data collected in the survey to conduct a hypothesis testing procedure to test this belief. What conclusion should be reached according to the results of this hypothesis test?
Hospitals In a study of births in New York State, data were collected from four hospitals coded as follows: (1) Albany Medical Center; (1438) Bellevue Hospital Center; (66) Olean General Hospital; (413) Strong Memorial Hospital. Does it make sense to calculate the average (mean) of the numbers 1, 1438, 66, and 413?