SOLUTION: Look at the table below showing purchases of different types of televisions for people with different Credit Balances. What is the probability that someone with a credit balance o
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-> SOLUTION: Look at the table below showing purchases of different types of televisions for people with different Credit Balances. What is the probability that someone with a credit balance o
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Question 824133: Look at the table below showing purchases of different types of televisions for people with different Credit Balances. What is the probability that someone with a credit balance of over $800 would purchase a Plasma TV?
Credit Balance Standard TV LCD Plasma Projection
Under $200 10 16 40 5
$200-$800 8 12 24 15
Over $800 16 12 16 30
Total 34 40 80 50
You can put this solution on YOUR website! well your numbers say the probability is 16/80, since out of 80 people to buy a plasma, 16 of them hard a card balance of over $800.
so 16/80 reduced 8/40 reduced 4/20 reduced 2/10 reduced 1/5 which equals 20%