Question: [5 points) In a study of purchasing behavior at a small shop, it was found that the probability that a purchase is more than $5

[5 points) In a study of purchasing behavior at a small shop, it was found that the probability that a purchase is more than $5 is [1.21, the probability that a customer will pay with a credit card is 0.28: and the probability that a purchase is more than $5 and the purchase is paid with a credit card is 0.14. Fill in the following joint probability table: Purchase is more than $5 Purchase is $5 or less Total Pay with credit card Not pay with credit card Total A customer did not pa},r with a credit card. What is he probability that their purchase was $5 or less
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
