For the year 2017, Fred Friendly completed a total of 80 returns. He developed the following table
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For the year 2017, Fred Friendly completed a total of 80 returns. He developed the following table summarizing the relationship between number of dependents and whether or not the client received a refund.
a. What is the name given to this table?b. What is the probability of selecting a client who received a refund?c. What is the probability of selecting a client who received a refund or had one dependent?d. Given that the client received a refund, what is the probability he or she had one dependent?
e. What is the probability of selecting a client who did not receive a refund and had one dependent?
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Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-1259666360
17th edition
Authors: Douglas A. Lind, William G Marchal
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