A survey of a large number of buyers at a suburban Sam's Club gave the proportions of buyers falling in the following income-residential categories:

If a single buyer Is selected from among all buyers in the region in which the survey is conducted. What Is the probability that the buyer:

a. Is from the suburban area? ANSWER_______: (report your answer to 4 decimal places, using conventional rounding rules)

b. Has an income of at least $20000 per year? ANSWER______: (report your answer to 4 decimal places, using conventional rounding rules)

c. Has an income between 510.000 - $19.999 per year, given that the buyer lives on a farm? ANSWER______: (report your answer to 4 decimal places, using conventional rounding rules)

d. Lives on a farm, given that the buyer has an income between $10.000 - $19.999 per year? ANSWER_______: (report your answer to 4 decimal places, using conventional rounding rules)

e. Is from a suburban area or has an income of at least $40.000 per year? ANSWER_________: (report your answer to 4 decimal places, using conventional rounding rules)

f. Does not live on a farm? ANSWER_____: (report your answer to 4 decimal places, using conventional rounding rules)

g. Is from an urban area and has an income below 520.000 per year? ANSWER____: (report your answer to 4 decimal places, using conventional rounding rules)

Transcribed Image Text:

Residential Area $10,000-$19,999 30 10 10 Urban Suburban Farm Income $20,000-$39,999 105 170 40 $40,000 and over 50 75 10 Residential Area $10,000-$19,999 30 10 10 Urban Suburban Farm Income $20,000-$39,999 105 170 40 $40,000 and over 50 75 10

Answer rating: 100% (QA)

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