Question: A dry cleaning company has done some research into how customers rate its services, and whether the customer will use its services again. The data

A dry cleaning company has done some research into how customers rate its services, and whether the customer will use its services again. The data are summarized in Exhibit 4.18.

Will Use Will Not Use Services Again Service Rating Poor Services Again 174 986 Fair 232 928 174 2,436 754 Good Excellen

What is the probability that a customer will use the dry cleaning company’s services again? What is the probability that a customer who rates the services as “good” or “excellent” will not use the services again? What does this indicate? Are the service rating and the tendency to use the services again independent?

Will Use Will Not Use Services Again Service Rating Poor Services Again 174 986 Fair 232 928 174 2,436 754 Good Excellent 116

Step by Step Solution

3.55 Rating (172 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

First calculate the row and column totals to make the probability calculations easier Customer Surve... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

487-M-S-P (2163).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!