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The option to buy extended warranties is commonplace with most electronics purchases.But does the type of purchase affect a consumer's willingness to pay extra for an extendedwarranty? Data for 420 consumers who purchased big screen TVs and laptop computersfrom a leading electronics retailer are summarized in the table.Purchased Warranty? Yes No TotalBig Screen TV 30 42 72Laptop Computer 145 203 348 Total 175 245 420a. What is the probability that a consumer purchases an extended warranty?b. What is the probability that a consumer purchases a big screen TV and an extendedwarranty?c. What is the probability that a consumer purchases an extended warranty given thathe/she has purchased a big screen TV?8) Does it appear that the decision to purchase an extended warranty and type of electronics (bigscreen TV or laptop computer) purchased are independent? Explain
The data show that acreage owned per family is normally distributed with a mean of 10.0 acres and a standard deviation of 1.5 acres. Calculate the percentage of families that own at least 8.1 acres
customers arrive at a single server facility at poisson rate of 40 per hour. when two or fewer customers are present a
a college requires applicants to have an act score in the top 10 of all test scores. the act scores are normally
A study shows that employees that begin their work day at 9:00 a.m. vary their times of arrival uniformly from 8:40 a.m. to 9:30 a.m. The probability that a randomly chosen employee reports to work between 9:00 and 9:10 is?
despite the shortcomings of the linear probability model and the advantages of the mle approach. yet the linear
Temperature is used to measure the output of a production process.When the process is in control, the mean of the process is = 128.5. Construct the x chart for this process if samples of size 6 are to be used.
the random variable x has a binomial distribution with parameters n100 and p0.10. what distribution model would be
Can you tell me why is a data analysis plan important for good business research? What are descriptions of some of a plan's major components and what data analysis tools can be included.
suppose that a category of world class runners are known to run a marathon 26 miles in an average of 149 minutes with a
an automobile manufacturer is concerned about a fault in the braking mechanism of a particular model. the fault can on
What is the probability that a respondent chosen at random - Enjoys his or her role in the organization?
Determine and record how much of the math grade can be explained by the PE grade? How much of the Writing grade can be explained by the Reading grade?
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