For the year 2018, Fred Friendly completed a total of 80 returns. He developed the following table

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For the year 2018, 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.

Dependents Refund 1 2 3 or more Total Yes 20 20 10 50 No 10 20 30 Total 30 40 10 80

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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Statistical Techniques In Business And Economics

ISBN: 9781260239478

18th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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