MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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(b) What is the probability that a randomly selected individual is less likely to buy a product emphasized as "Made in our country," given the individual is 45 to 54 years of age?
The probability is approximately.
(Round to three decimal places as needed.)
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Transcribed Image Text:(b) What is the probability that a randomly selected individual is less likely to buy a product emphasized as "Made in our country," given the individual is 45 to 54 years of age? The probability is approximately. (Round to three decimal places as needed.)
In a recent poll, a random sample of adults in some country (18 years and older) was asked, "When you see an ad emphasizing that a product is "Made in our country," are you more likely
to buy it, less likely to buy it, or neither more nor less likely to buy it?" The results of the survey, by age group, are presented in the following contingency table. Complete parts (a) through
(c).
Purchase likelihood
18-34 35-44 45-54 55+
Total
More likely
223 300 392 402
1317
Less likely
29
25
14
74
Neither more nor less likely 287 207 156 116
766
Total
539 513 573 532
2157
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Transcribed Image Text:In a recent poll, a random sample of adults in some country (18 years and older) was asked, "When you see an ad emphasizing that a product is "Made in our country," are you more likely to buy it, less likely to buy it, or neither more nor less likely to buy it?" The results of the survey, by age group, are presented in the following contingency table. Complete parts (a) through (c). Purchase likelihood 18-34 35-44 45-54 55+ Total More likely 223 300 392 402 1317 Less likely 29 25 14 74 Neither more nor less likely 287 207 156 116 766 Total 539 513 573 532 2157
Expert Solution
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Step 1

Required probability is P(less likely | 45-54 years of age)

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