Question: You are thinking about investing in a fitness facility The
You are thinking about investing in a fitness facility. The current owner tells you that, based on past experience; the following probabilities apply to someone who visits the facility. The probability that a visitor will buy a membership is 40%.The probability that a visitor will buy a membership and sign up for fitness classes is 30%.What is the probability that a visitor will sign up for fitness classes if he or she buys a membership?
Answer to relevant QuestionsRefer back to Exercise 21 above. Are buying a membership and signing up for fitness classes mutually exclusive? Are buying a membership and signing up for fitness classes independent? Refer to the information about GeorgeConn employees, in Exercise 2 above. If the selected employee is a woman, what is the probability she has a Business diploma? Are gender and possession of a Business diploma related for ...Which of the following random variables are discrete, and which are continuous? a. The number of passengers on a flight from Toronto to Paris b. The time it takes you to drive to work in the morning c. The number of cars ...Revisit the situation first described in Develop Your Skills 4.3, Exercise 13 (page 176). A software company is about to release three new software programs, one from each of three very distinct business divisions. The first ...An official from the securities commission estimates that 25% of all investment bankers have profited from the use of insider information. If 15 investment bankers are selected at random, find the probability that: a. All 15 ...
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