What is the probablity that a customer will pay with a credit card? B) A customer did not pay with a credit card. What is the probablity that the purchase was less than $5?
What is the probablity that a customer will pay with a credit card? B) A customer did not pay with a credit card. What is the probablity that the purchase was less than $5?
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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In a study of purchasing behavior at a small shop, it was found that if a purchase was more than $5, the customer will pay with a credit card with a probablity of 0.85. If the purchase was $5 or less then the customer will pay with a credit card with a probablity of 0.6. The probablity that purchase is more than $5 is 0.81.
What is the probablity that a customer will pay with a credit card?
B) A customer did not pay with a credit card. What is the probablity that the purchase was less than $5?
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