Apple products have become a household name in America. Suppose that the likelihood of owning an Apple
Question:
Apple products have become a household name in America. Suppose that the likelihood of owning an Apple product is 71% for households with kids and 55% for households without kids. Suppose there are 1,270 households in a representative community, of which 880 are with kids and the rest are without kids. Let event A correspond to “Household with kids”, and B to “Household owns an Apple product”.
a. Are the events “household with kids” and “household without kids” mutually exclusive and exhaustive?
multiple choice
Yes
No
b. What is the probability that a household is without kids? (Round your answer to 4 decimal places.)
c. What is the probability that a household is with kids and owns an Apple product? (Do not round intermediate calculations. Round your answer to 4 decimal places.)
d. What is the probability that a household is without kids and does not own an Apple product? (Do not round intermediate calculations. Round your answer to 4 decimal places.)
Essentials of Business Statistics Communicating With Numbers
ISBN: 978-0078020544
1st edition
Authors: Sanjiv Jaggia, Alison Kelly