In a survey on consumer spending methods, the following results were obtained. Payment Method Checks Cash Credit cards Debit/ATM cards Other Transactions, % 39 14 20 15 12 If a transaction tracked in this survey is selected at random, what is the probability that the transaction was paid for by each of the following? (a) with a credit card or with a debit/ATM card (b) with cash or some method other than with a check, a credit card, or a debit/ATM card
In a survey on consumer spending methods, the following results were obtained. Payment Method Checks Cash Credit cards Debit/ATM cards Other Transactions, % 39 14 20 15 12 If a transaction tracked in this survey is selected at random, what is the probability that the transaction was paid for by each of the following? (a) with a credit card or with a debit/ATM card (b) with cash or some method other than with a check, a credit card, or a debit/ATM card
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 50E: Flexible Work Hours In a recent survey, people were asked whether they would prefer to work flexible...
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In a survey on consumer spending methods, the following results were obtained.
| Payment Method | Checks | Cash | Credit cards | Debit/ATM cards |
Other |
|---|---|---|---|---|---|
| Transactions, % | 39 | 14 | 20 | 15 | 12 |
If a transaction tracked in this survey is selected at random, what is the probability that the transaction was paid for by each of the following?
(a) with a credit card or with a debit/ATM card
(b) with cash or some method other than with a check, a credit card, or a debit/ATM card
(b) with cash or some method other than with a check, a credit card, or a debit/ATM card
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