The following table shows the main reason a streaming customer said that they were planning to cancel their streaming service. a. If a streaming customer is selected at random, what is the probability that their reason was lack of interest or not enough time to watch? b. If a streaming customer is selected at random, what is the probability that their reason is not having too many subscriptions?
The following table shows the main reason a streaming customer said that they were planning to cancel their streaming service. a. If a streaming customer is selected at random, what is the probability that their reason was lack of interest or not enough time to watch? b. If a streaming customer is selected at random, what is the probability that their reason is not having too many subscriptions?
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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Question
The following table shows the main reason a streaming customer said that they were planning to cancel
their streaming service.
a. If a streaming customer is selected at random, what is the
probability that their reason was lack of interest or not
enough time to watch?
b. If a streaming customer is selected at random, what is the probability that their reason is not having too
many subscriptions?
Transcribed Image Text:**Table: Reasons for Cancelling Subscriptions**
The table below illustrates the various reasons for cancelling a subscription along with their associated probabilities:
| Reason for Cancelling | Probability |
|-------------------------------------|-------------|
| Lack of interest | 0.44 |
| Price | 0.32 |
| Having too many subscriptions | 0.14 |
| Not enough time to watch | 0.08 |
| Too controversial or offensive | 0.02 |
**Explanation:**
This table provides insights into the common factors that influence individuals to cancel their subscriptions. The highest probability is for "Lack of interest" at 44%, indicating that this is the most common reason. "Price" follows at 32%, suggesting cost is also a significant factor. "Having too many subscriptions" accounts for 14%, while "Not enough time to watch" is 8%. The lowest probability is for content being "Too controversial or offensive" at 2%.
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