What is the probability that the person both thinks

Assignment Help Basic Statistics
Reference no: EM13736520

An Adweek Media/Harris Poll revealed that 44% of U.S. adults in the 18?34 year age category think that ?Made in America? ads boost sales. A different Harris Interactive poll showed that 78% of U.S. adults in the 18?34 year age category use social media online. Suppose that 85% of U.S. adults in the 18?34 year age category think that ?Made in America? ads boost sales or use social media online.

If a U.S. adult in the 18:34 year age category is randomly selected,
a. What is the probability that the person both thinks that ?Made in America? ads boost sales and uses social media online?
b. What is the probability that the person thinks that ?Made in America? ads boost sales but do not use social media online?

Reference no: EM13736520

Questions Cloud

Suppose the demand and supply curves for a good : Suppose the demand and supply curves for a good are given by: Find the equilibrium price and quantity. If the current price of the good is $100, what is the quantity demanded? What is the quantity supplied? How would you describe this situation? Equi..
Golden rule-economy with the production function : Determine the steady state level of capital, income and consumption (all per unit of labor) as a function of the savings rate and the depreciation rate. Suppose that the depreciation rates is 10% per year. Compute consumption per unit of labor for a ..
Supply curves are positively-sloped : What phrase best describes medical care spending in the United States? Which of the following will not change the demand for office visits to the physician? The dead-weight loss from an excise tax. Supply curves are positively-sloped because of
Change in consumer tastes : Suppose the demand for Coca-Cola increases due to a change in consumer tastes. Ceteris paribus, the equilibrium price should _______ and the equilibrium quantity should _______.
What is the probability that the person both thinks : a. What is the probability that the person both thinks that ?Made in America? ads boost sales and uses social media online?
How would you establish and support positioning strategy : Maserati has just introduced a new model that will be competing directly against well-known luxury sports cars such as Porsche, Ferrari, Jaguar, and BMW. How would you position the new Maserati model? How would you establish and support this position..
How would you position the new maserati model : How would you position the new Maserati model? How would you establish and support this positioning strategy?
Identify the key segmentation variables : A clock and watch manufacturer realizes that she is operating in the market for machines that measure time. How should this market be segmented? Identify the key segmentation variables that are relevant for this market.
How would you position the new maserati model : How would you position the new Maserati model? How would you establish and support this positioning strategy?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Assume that the paired data came from a population that is

assume that the paired data came from a population that is normally distributed. using a 0.05 significance level find

  Suppose that the probability of a baseball player getting a

suppose that the probability of a baseball player getting a hit in at bat is 0.2807. if the player has 38 at-bats

  There are 8000 gallons of component 1 available and the

let xij gallons of component i used in gasoline j. assume that we have two components and two types of gasoline.

  Use a control chart to determine what signals if any

the visibility standard index vsi varies from 0 excellent to 200 very bad. denvers mean vsi is 90 with a standard

  Determine hypothesis testing-levels of significance

The mean weight for a certain type of fish is known to be 28.0 ounces with a standard deviation of 2.5 ounces . A game warden catches and weighs 30 fish from a certqin pond to check if they are larger than the mean stated above.

  Probability-selection of tax returns

A IRS auditor randomly selects 3 tax returns from 57 returns of which 6 contains errors. What is the probability that she selects none of those containing errors?

  Value of test statistic when sample mean given

A sample of size 36 results in a sample mean of 7.1. The value of the test statistic is ____

  Why are the data that jack has gathered qualitative

Why are the data that Jack has gathered qualitative in nature and describe the steps in qualitative data analysis (data reduction, data display, and the drawing of conclusions) on the basis of Jack's study

  Consider the continuous random variable x

Consider the continuous random variable X, which has a uniform distribution over the interval from 20 to 28. The probability that X will take on a value between 21 and 25 is.

  A sample of size 100 has a sample standard deviation of 25

a sample of size 100 has a sample standard deviation of 25. what is the standard error of the sample mean? give your

  Two-sided test for sample mean of accounts receivable

Lets say a business has account receivables per customer of $60.54. There was a random sampling of 19 accounts that revealed a sample mean of $73.55 and a sample standard deviation of $19.29.

  Proportion of healthy adults have pulse rates beats per sec

What proportion of healthy adults have pulse rates that are at most beats/sec? Round your answer to at least four decimal places.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd