Customers of a hardware shop make a payment either in cash or with credit/debit card with probabilities
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Question:
Customers of a hardware shop make a payment either in cash or with credit/debit card with probabilities 0.24 and 0.76, respectively. Assume these probabilities apply to all customers independently.
Related Book For
Making Hard Decisions with decision tools
ISBN: 978-0538797573
3rd edition
Authors: Robert Clemen, Terence Reilly
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