MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Question 8.
A department store analyzed its most recent sales and determined the relationship
between the way the customer paid for the item and the price category of the item. The
joint probabilities in the following table were calculated.
Cash Credit Card Debit Card
Less than $20 .09 .03 .04
$20–$100 .05 .21 .18
More than $100 .03 .23 .14
a) What proportion of purchases was paid by debit card?
b) Find the probability that a credit card purchase was more than $100.
c) Determine the proportion of purchases made by credit card or by debit card.
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