Q 3Consider the following probability table for customers purchasing a business' product bythe customer's age:Purchased ProductDid Not Purchase ProductUnder 25 years25 – 50 years50+ years0.100.150.250.200.200.10Given a particular customer is under 25 years old, what is the probability the did notpurchase the product?

Name: Q 3Consider the following probability table for customers purchasing
Uploaded: 2024-03-20T07:06:41.000Z
Channel: Bartleby
Description: Q 3Consider the following probability table for customers purchasing a business' product bythe customer's age:Purchased ProductDid Not Purchase ProductUnder 25 years25 – 50 years50+ years0.100.150.250.200.200.10Given a particular customer is under 2

Answered: Image /qna-images/answer/69ead9a2-1ac9-4062-935e-0f573eed1a0c.jpg

Math

Statistics

Q 3 Consider the following probability table for customers purchasing a business' product by the customer's age: Purchased Product Did Not Purchase Product 0.10 0.15 Under 25 years 25 – 50 years 50+ years 0.25 0.20 0.20 0.10 Given a particular customer is under 25 years old, what is the probability the did not purchase the product?

Q 3 Consider the following probability table for customers purchasing a business' product by the customer's age: Purchased Product Did Not Purchase Product 0.10 0.15 Under 25 years 25 – 50 years 50+ years 0.25 0.20 0.20 0.10 Given a particular customer is under 25 years old, what is the probability the did not purchase the product?

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Q: the sales manager knows that 15% of his clients do not pay their debts in full. He supposes that he…

Q: Suppose that the number of car accidents per day in Wilmington, NC has been recorded for the past…

Q: Here is the probability model for the blood type of a randomly chosen person in the United States.…

Q: The following table shows the probability that there is a given number of people waiting in line at…

A: Solution-: Let, X-Number of persons in line We have following table: X P(X=x) 0 0.20 1 0.10…

Q: A recent study gave the information shown in the table about ages of children receiving toys. The…

A: Age percentage of toys2 and under 18%3-515%6-929%10-1212%13 and over 26%

Q: The following table shows the number of passengers of an airline in three different classes and…

A: The probability that a passenger will upgrade their seats, given that the passenger is from Economy…

Q: Republican Democrat Independent Total Indiana 905 668 201 1774 Ohio 843 1094 121 2058 Illinois…

A: There are total (2426+3563)=5989 democrats or republicans. And there are total 6432 people. So,…

Q: A survey was done to see the relationship between eating out and going to a movie. A phone survey…

A: To find the probability that a person will go to a movie given that they did not eat out.

Q: During a given week, the probability that a particular common stock issue will increase (I) in…

A: Situation Probability increase (I) 0.3 remain unchanged (U) 0.2 decline (D) 0.5 a) The…

Q: 1. Create the probability distribution table for X: X outcome a. E[X] = μx b. SD[X]=ox profit æ,$…

A: The life insurance policy for her iguana is for the price of $100 per year.Neveah will receive $4000…

Q: Q27. What is the probability of selecting a grade A student for the first time either in 2nd or 3rd…

A: Given, A = 11 B = 2 C = 2 D = 0 F = 1 P(A) = 0.687 Let X = number of trials required to get first…

Q: -What proportion/percent of crop workers are less than 20 years old? In your answer leave off the…

A: Here given chart shows the age distribution of crop workers in the United States. On x axis…

Q: iv. If 80 persons are introduced to the product, determine the number of persons who are expected to…

A: a) iv. The variable X is defined as ‘the number of persons who are introduced to a certain product…

Q: The following table shows the probability that an American man has high cholesterol / blood…

A: High blood pressure ok Totals High cholesterol 0.11 0.21 0.32 ok 0.16 0.52 0.68 Totals…

Q: #17) On Monday 60% of the stocks on the Nasdaq increased in value. A club owns 20 stocks in the…

Q: Your financial planning company has a large database of clients. There is a 0.405 probability that a…

A: P(401k) = 0.405 P(Roth IRA) = 0.188 P(401k OR Roth IRA) = 0.513

Q: GMC automobiles come in the following colors and are manufactured in these percentages. White(.46),…

A: Given,GMC automobiles come in the following colors and are manufactured in these…

Q: 1a.Which probability distribution would you use to calculate the probability of success or failure…

A: 1a. Binomial random variable: When the random variable is discrete and counts the number of…

Q: A recent study gave the information shown in the table about ages of children receiving toys. The…

Q: The first significant digit in any number must be 1, 2, 3, 4, 5, 6, 7, 8, or 9. It was discovered…

Q: A pizza delivery company classifies its customers by gender and location of residence. The research…

A: Gender and Residence of CustomersResidenceMalesFemalesApartment81228Dorm11679With…

Q: a. What is the probability that a person who has booked a donation appointment will not attend for…

A: Here use binomial theorem Because Finite number of trial Each trial independent of each other Two…

Q: |Recent difficult economic times have caused an increase in the foreclosure rate of home mortgages.…

Q: 8. In a class of students, the following data table summarizes how many students passed a test and…

A: Passes the testFailed the testCompleted the homework143Didnot complete the homework24

Q: The following table lists the number of unicyclists in Corvallis, OR. by age group. Age Group…

Q: please answer part c

Q: What was the age distribution of nurses in Great Britain at the time of Florence Nightingale?…

Q: The table below shows the probability outcomes when randomly choosing 7 millennial aged individuals…

A: given probabilities Number of millennials that have at least one tattoo. 0 0.044…

Q: 4. The sales records of a real estate agency show the following sales over the past 200 days. What…

A: Given The sales records of a real estate agency show the following sales over the past 200 days.

Q: Finally, report your answers and findi 1. Suppose you choose a ball from the box at random? What is…

A: Given that Sample space=S=(2,3,3,4,7,8,9,9) Number that 5 or greater=A=(7,8,9,9) n(S)=8 n(A)=4…

Q: A recent study gave the information shown in the table about ages of children receiving toys. The…

Q: The following table represents the highest educational attainment of all adult residents in a…

A: The probability that they have only completed some college if a resident aged 30-39 is chosen at…

Concept explainers

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.

Topic Video

Question

Q 3
Consider the following probability table for customers purchasing a business' product by
the customer's age:
Purchased Product
Did Not Purchase Product
Under 25 years
25 – 50 years
50+ years
0.10
0.15
0.25
0.20
0.20
0.10
Given a particular customer is under 25 years old, what is the probability the did not
purchase the product?

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps with 2 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Discrete Probability Distributions$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Similar questions

The following indicates the probability distribution of the number of breakdowns per month for a computer based on past data. Find the probability that the number of breakdowns for this computer is at most 2. Breakdowns/month Probability 1 2 3 0.18 0.21 0.31 0.40 0.52
23. Precipitation In Akron, Ohio, the mean number of days in April with 0.01 inch or more of precipitation is 14. Find the probability that the number of days in April with 0.01 inch or more of precipitation in Akron is (a) exactly 17 days, (b) at most 17 days, and (c) more than 17 days.
Several friends chartered a boat for a day's fishing. They caught a total of 70 fish. The table below provides information about the type and number of fish caught. Determine the empirical probability that the next fish caught is a flounder. Fish Number caught Grouper 12 Shark 16 Flounder Kingfish 38
GMC automobiles come in the following colors and are manufactured in these percentages. White(.46), Black (.22), Red (.09), Grey (.11), Blue (.12) If I select 2 cars at random, what is the probability that the two cars are both white? (A)..92 (B).2116 (C).23 (D) .7084 (E) none of these
I need help with the last two specifically.
What is the probability that a student chosen at random is between the ages 10 and 13, given that they skip breakfast?
At the close of the stock markets on a day in 2013, there were 5905 companies listed with a certain stock exchange. On this day, the probabilities of advancing, declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability an advancing stock was listed on Exchange 1. Percentage of Probability of Probability of Companies Probability the Stock Stock Stocks Remain Exchange Exchange 1 Exchange 2 Declining 0.267 Listed Advancing Unchanged 0.041 54.8% 0.684 45.2% 0.657 0.297 0.046 ..... The probability that an advancing stock was listed on Exchange 1 is (Round to three decimal places as needed.)
The following table lists the number of unicyclists in Corvallis, OR. by age group. Age Group Frequency <19 20-29 45 30-39 22 40-49 13 50-59 79 60-69 270 46 What is the probability that a randomly selected unicyclist from Corvallis, OR. is not younger than 20? Answer in decimal form. Round your answer to 3 decimal places.
Please help me with this question.
sorry, here is more to the question I posted. Find the probability that none of the households are tuned to CSI: Shoboygan.P(none) = Find the probability that at least one household is tuned to CSI: Shoboygan.P(at least one) = Find the probability that at most one household is tuned to CSI: Shoboygan.P(at most one) =
The table below shows the number of deaths in the U.S. in a year due to a variety of causes. For these questions,assume these values are not changing from year to year, and that the population of the United States is 312 millionpeople. Cause of Death in US Cause Number of deaths Passenger car occupant 13,100 Motorcycle driver 4,500 Tornado 553 Skydiving 56 What is the probability that you died as a passenger car occupant last year?
A recent study gave the information shown in the table about ages of children receiving toys. The percentages represent all toys sold. Age (years) Percentage of Toys 2 and under3-56-910-1213 and over 17%18%26%10%29% What is the probability that a toy is purchased for someone in the following age ranges? (a) 6 years old or older %(b) 12 years old or younger %(c) between 6 and 12 years old %(d) between 3 and 9 years old %A child between 10 and 12 years old looks at this probability distribution and asks, "Why are people more likely to buy toys for kids older than I am (13 and over) than for kids in my age group (10–12)?" How would you respond? The 13-and-older category may include children up to 17 or 18 years old. This is a larger category.The 13-and-older category may include children up to 17 or 18 years old. This is a smaller category.