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Using
30. Credit Card Purchases In a survey, 169 respondents say that they never use a credit card, 1227 say that they use it sometimes, and 2834 say that they use it frequently. What is the probability that a randomly selected person uses a credit card frequently? Is it unlikely for someone to use a credit card frequently? How are all of these results affected by the fact that the responses were obtained by those who decided to respond to the survey posted on the Internet by America Online?
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Elementary Statistics
- What term is used to express the likelihood of an event occurring? Are there restrictions on its values? If so, what are they? If not, explain.arrow_forwardIn Example 8, what is the probability that an employee chosen at random has 30 or more years of service?arrow_forwardIn Example 5, what is the probability that an institution selected at random is in the Pacific region?arrow_forward
- a What is meant by an experiment? Sample space? b What is an event? c Define the probability of an event E in a sample space S in which all outcomes are equally likely. d What is the probability of the complement of E? e If a coin is tossed three times, what is the probability of getting all heads? At least one tail?arrow_forwardSick leave probability that a given worker at Dyno Nutrition Will call in sick on a Monday is 004. The packaging department has eight workers. What is the probability that two or more ackaging workers Will call in sick next Monday ?arrow_forward
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