SOLUTION: A certain retail establishment accepts either the American Express or the VISA credit card. A
total of 22 percent of its customers carry an American Express card, 58 percent carry
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-> SOLUTION: A certain retail establishment accepts either the American Express or the VISA credit card. A
total of 22 percent of its customers carry an American Express card, 58 percent carry
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Question 1190754: A certain retail establishment accepts either the American Express or the VISA credit card. A
total of 22 percent of its customers carry an American Express card, 58 percent carry a VISA credit card, and 14 percent carry both. What is the probability that a customer will have at least
one of these cards? Answer by ikleyn(52803) (Show Source):
You can put this solution on YOUR website! .
A certain retail establishment accepts either the American Express or the VISA credit card. A
total of 22 percent of its customers carry an American Express card, 58 percent carry a VISA
credit card, and 14 percent carry both. What is the probability that a customer will have at least
one of these cards?
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Apply a standard formula for the probability of a union
P(American Express or Visa) = P(American Express) + P(Visa) - P(both)
or
P(American Express or Visa) = 22% + 58% - 14% = 66%. ANSWER