4.1e

4.1.13 Do Generation X and Boomers differ in how they use credit cards? A sample of 1,000 Generation X and 1,000 Boomers revealed the results in the accompanying table. Click the icon to view the table. If a respondent is selected at random, what is the probability that he or she a. pays the full amount each month? b. is a Generation X and pays the full amount each month? c. is a Generation X or pays the full amount each month? d. Explain the difference in the results of (b) and (c). i Data Table GENERATION PAY FULL AMOUNT EACH MONTH Yes Generation X 430 570 1.000 Boomers 640 360 1,000 Total 1,070 930 2,000 No Total Print Done