Consider a community in which the following probabilities apply. The probability one uses online banking given...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Consider a community in which the following probabilities apply. The probability one uses online banking given one is employed is 0.4500 (45%). The probability one uses online banking given one is retired is 0.2400 (24%). What can one conclude about the relationship between employment status and use of online banking services? O One is 21 percent more likely to use online banking if one is retired O The use of online banking services does not seem to be at all related to one's employment status. O One is 21 percent more likely to use online banking if one is currently employed There is not enough information provided. Consider a community in which the following probabilities apply. The probability one uses online banking given one is employed is 0.4500 (45%). The probability one uses online banking given one is retired is 0.2400 (24%). What can one conclude about the relationship between employment status and use of online banking services? O One is 21 percent more likely to use online banking if one is retired O The use of online banking services does not seem to be at all related to one's employment status. O One is 21 percent more likely to use online banking if one is currently employed There is not enough information provided.
Expert Answer:
Answer rating: 100% (QA)
As Solution un m per the question P One uses onty on... View the full answer
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
Posted Date:
Students also viewed these banking questions
-
On January 4, 2021 Alpha Computers signed a contract with Beta Protection, to install new computers at 40 work stations as well as connect to network all of the computers. Beta has also offered to...
-
Blossom Company has the following data: Direct labor Direct materials used Total manufacturing overhead Ending work in process inventory Beginning work in process inventory $94,240 104,160 80,600...
-
In this problem, we consider the analysis of the combined information from both raters on the shoulder flexion (SF) scores in the posture measurement study. Thus, the questions below concern the data...
-
An inductor has a linear change in current from 50 mA to 100 mA in 2 ms and induces a voltage of 160 mV. Calculate the value of the inductor.
-
An AM radio station operating at a frequency of 810 kHz radiates 290 kW of power from its antenna. How many photons are emitted by the antenna every second?
-
Tom has a successful business with $100,000 of income in 2012. He purchases one new asset in 2012, a new machine which is 7-year MACRS property and costs $25,000. If you are Tom's tax advisor, how...
-
The assets, liabilities, stockholders equity, revenues, and expenses of Carter Design Studio, Inc., have the following balances at December 31, 2010, the end of its first year of operation. During...
-
The administrator of elections for the city of Crossville has been asked to perform an activity analysis of its optical scanning center. The optical scanning center reads voter forms into the...
-
Purchase and sale data for Gardner Pool Supply\'s two products are presented below. Inventory Item A Inventory Item B Transaction Units Unit Cost Units Unit Cost Beginning inventory 150 $ 7.10 150 $...
-
Suppose that an investor holds a share of Sophia common stock, currently valued at $50. She is concerned that over the next few months the value of her holding might decline, and she would like to...
-
How does the Deferral method handle an unrestricted contribution received for the current year?
-
A conducting plate held at 0V lies in the y-z plane at x=0. A second plate held at +100V lies in the y-z Plane at x = 1cm. A particle with mass 5 x10 -7 kg charged with -3C is released at rest from...
-
How do prototyping methodologies vary across different industries, such as consumer electronics, medical devices, and automotive engineering, and what lessons can be gleaned from interdisciplinary...
-
R Describe the shaded region using set theory notation. U B D
-
Consider what public sociology might mean for the discipline and its potential. Aside from what public sociology might be and what it means for the discipline, consider posting about what public...
-
Question 1 In the context of climate change debates, it has argued that farming livestock for meat and dairy can have far-reaching consequences for the environment, from fuelling greenhouse gas...
-
You have the following information about a stock. Answer the following questions with calculations. Standard deviation beta A 10% 2.2 B 25% 1.2 a) Which stock has the higher total risk? b) Which...
-
How will relating product contribution margin s to the amount of the constrained resource they consume help a company maximize its profits?
-
(Appendix) Which of the following is true concerning significantly large labor variances? a. They are prorated among Work in Process, Finished Goods, and Cost of Goods Sold. b. They are closed to...
-
The IRR is the true or actual rate of return being earned by the project. Do you agree or disagree? Discuss.
-
Cohlmia Company provided information on the following four overhead activities. Cohlmia has found that the following driver levels are associated with two different levels of production. Required:...
-
Which one of the following is an exact straight line mechanism using lower pairs? (a) Watt's mechanism (b) Grasshopper mechanism (c) Robert's mechanism (d) Peaucellier's mechanism.
-
In the epicyclic gear train shown in the Fig. \(88, T_{A}=40, T_{B}=20\). For three revolutions of the arm, the gear \(B\) will rotate through (a) 6 revolutions (b) 2.5 revolutions (c) 3 revolutions...
-
Which one of the following statements in respect of involute profiles for gear teeth is not correct? (a) Interference occurs in involute profiles (b) Involute tooth form is sensitive to change in...
Study smarter with the SolutionInn App