Question

A marketing study revealed that of 500 female consumers 400 owned more than 12 pair of...

A marketing study revealed that of 500 female consumers 400 owned more than 12 pair of shoes. Among 500 male consumers 300 owned more than 12 pair of shoes.

a) What is the randomly selecting a consumer who is a male or does not own more than 12 pair of shoes?

b) What is the probability of randomly selecting a consumer who owns more than 12 pair of shoes or is a female?

c) What is the probability of randomly selecting a consumer who owns 12 pair of shoes or less and is a male?

Homework Answers

Answer #1

from above:

more then 12 less then 12 total
male 300 200 500
female 400 100 500
total 700 300 1000

a)

randomly selecting a consumer who is a male or does not own more than 12 pair of shoes

=(500+300-200)/1000=0.6

b)

P( randomly selecting a consumer who owns more than 12 pair of shoes or is a female )

=(700+500-400)/1000=0.8

c)

probability of randomly selecting a consumer who owns 12 pair of shoes or less and is a male

=200/1000 =0.2

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
2. A study of 500 college students revealed that out of 200 freshman 150 were carrying...
2. A study of 500 college students revealed that out of 200 freshman 150 were carrying debt; among 50 sophmores 40 were carrying debt. Among the 100 juniors 85 were carrying debt and among the 150 seniors 125 were carrying debt. a) What is the probability of randomly selecting a student and finding that he/she is a freshman or is carrying debt? b) What is the probability that a randomly selected student is a sophmore or a junior? c) What...
Many luxury sheets cost less than? $200 to make but sell for more than? $500 in...
Many luxury sheets cost less than? $200 to make but sell for more than? $500 in retail stores. Some cost even more– consumers pay almost? $3,000 for? Frett'e "Tangeri? Pizzo" king-size luxury linens. The creators of a new brand of luxury? linens, called Boll? & Branch, have entered this market. They want to price their sheets lower than most brands but still want to earn an adequate margin on sales. The sheets come in a luxurious box that can be...
Which of the following situations do notinvolve a discrete random variable? There may be more than one...
Which of the following situations do notinvolve a discrete random variable? There may be more than one answer. (Note that you are only asked to identify the type of variable; you do not need to try to solve any of them.) The average length of time a call to company Q's helpline takes is 8.53 minutes. Assuming that the times are normally distributed and there is a 50% chance that a call lasts for less than 8.53 minutes, estimate the standard...
Many luxury sheets cost less than? $200 to make but sell for more than? $500 in...
Many luxury sheets cost less than? $200 to make but sell for more than? $500 in retail stores. Some cost even more dash– consumers pay almost? $3,000 for? Frett'e "Tangeri?Pizzo" king-size luxury linens. The creators of a new brand of luxury? linens, called Boll? & Branch, have entered this market. They want to price their sheets lower than most brands but still want to earn an adequate margin on sales. The sheets come in a luxurious box that can be...
Many luxury sheets cost less than? $200 to make but sell for more than? $500 in...
Many luxury sheets cost less than? $200 to make but sell for more than? $500 in retail stores. Some cost even more consumers pay almost? $3,000 for? Frett'e "Tangeri?Pizzo" king-size luxury linens. The creators of a new brand of luxury? linens, called Boll? & Branch, have entered this market. They want to price their sheets lower than most brands but still want to earn an adequate margin on sales. The sheets come in a luxurious box that can be reused...
1. A random number generator is used to select a number from 1 to 500 ?(inclusively)....
1. A random number generator is used to select a number from 1 to 500 ?(inclusively). What is the probability of selecting the number 595 ? What is the probability? 2.Identify the sample space of the probability experiment and determine the number of outcomes in the sample space. -Randomly choosing an even number between 10 and 20, inclusive The sample space is? (Use a comma to separate answers) There are _____ outcomes in the sample space 3. Determine the number...
1. Who? US Vice-President Mike Pence is generally seen to be more popular than Donald Trump...
1. Who? US Vice-President Mike Pence is generally seen to be more popular than Donald Trump - but not by much. Last year, a Gallup Poll revealed that 44% of voters found Pence favourable; whereas Trump was only popular with 43% of voters. While this might be good news for Pence, the bad news is that the same poll found that 12% of Americans had no idea of who he was1 . In a random sample of 1000 American voters,...
Taking the Nike Experience Direct to Consumers Let’s say you’re upping your game and want to...
Taking the Nike Experience Direct to Consumers Let’s say you’re upping your game and want to exercise more. Maybe that means walking in the mornings, playing a pickup game after work, or running a marathon. Whatever your goal is, you need some new shoes, and Nike is your favored brand. If you’re like the majority of consumers, you head to a retail store to purchase a pair. Until recently, this was your only choice. Just a short while ago, if...
1. A group of people were asked if they had run a red light in the...
1. A group of people were asked if they had run a red light in the last year. 380 responded "yes", and 328 responded "no". Find the probability that if a person is chosen at random, they have run a red light in the last year. Give your answer as a fraction or decimal 2. Giving a test to a group of students, the grades and gender are summarized below A B C Total Male 19 6 12 37 Female...
Case Study: Amway – Developing Competitive Marketing strategies Introduction All organizations face an external business environment...
Case Study: Amway – Developing Competitive Marketing strategies Introduction All organizations face an external business environment that constantly changes. Sometimes these changes are slight e.g. minor amendments to regulations or a new firm entering the market as a 'small player'. At other times, however, changes in the environment may have important consequences for an organization, e.g. new technologies, changing consumer tastes or a merger between two large competitors. Changes in the business environment create both opportunities and threats to an...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT