Months for either business or personal reasons

Assignment Help Basic Statistics
Reference no: EM132157434

A survey of magazine subscribers showed that 43% rented a car during the past 12 months for business reasons, 50% rented a car during the past 12 months for personal reasons, and 25% rented a car during the past 12 months for both business and personal reasons. What is the probability that a subscriber did not rent a car during the past 12 months for either business or personal reasons?

Reference no: EM132157434

Questions Cloud

?assuming that the average student loan debt : ?Assuming that the average student loan debt is the same in Wisconsin as in the whole US, what is the probability that the average in your sample would
Find the actual number of respondents corresponding : Find the actual number of respondents corresponding to the given percentage.
Change in the sample mean score : In a random sample of 100 students who pay a private tutor to help them improve their results
What is the mean of the grade point average : What is the mean of the grade point average rounded to the nearest tenth?
Months for either business or personal reasons : What is the probability that a subscriber did not rent a car during the past 12 months for either business or personal reasons?
Probability an individual large-cap domestic stock : What is the probability an individual large-cap domestic stock fund had a three-year return of at least 10%?
Propose general or conceptual level recommendations : Propose general or conceptual level recommendations to close gaps such as missing services, missing marketing channels, suboptimal profitability, and so forth.
Who are the stakeholders in the case : Who are the stakeholders in the case? Describe their stakes in terms of power, legitimacy and urgency. Explain your reasoning.
Minimize the sum of annual ordering and carrying costs : What order size would minimize the sum of annual ordering and carrying costs? Compute the total annual cost using your order size from part a

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find the birth weight of cats at the 90th percentile

a.Find the birth weight of cats at the 90th percentile. b. Find the birth weight of cats at the 10th percentile.

  A specific automotive part that a service station stocks in

a specific automotive part that a service station stocks in its inventory has a 8 chance of being defective. suppose

  Information about algebra-logarithms

How would you explain to another student the difference between compound interest and continuous compound interest to a friend?

  Relationship between social distress and brain activity

Does social rejection hurt? We often describe our emotional reaction to social rejection as "pain." Does social rejection cause activity in areas of the brain.

  Ethical issues in the delivery of care

What are the ethical issues in the delivery of care? What are the ethical issues in ensuring quality of care?

  How much will you be willing to pay for the stock

If you required return on this investment is 11%, how much will you be willing to pay for the stock?

  Problem on central limit theorem area under a curve

The manufacturer of a coffee dispensing machine claims the ounces per cup is normally distributed with population mean equal to 8 ounces and standard deviation equal to 0.9 ounces. If 50 cups of coffee were measured, what is the possibility that- ..

  Compare and contrast the shopping process

Compare and contrast the shopping process at a bricks and mortar store such as Macy's or Target and at an Internet retailer such as Amazon.com. How are these processes different? (Hint: Consider the process steps, the inputs, outputs, resources, a..

  Decide on a one or two tailed test

All observers are successful; the search time for each is given in the table in minutes. Decide on a one- or two-tailed test, analyze the data, and write a conclusion.

  Construct a scatterplot for the data

Construct a scatterplot for the data. What type of relationship, linear or curvilinear, appears to exist between failure time and solder temperature?

  Draw a project diagram network for project

the finished subassembly 2 must be inspected. A list of activities, their predecessors, and their durations. Draw a project diagram (network) for this project? What is the total project time?

  Conditions for the poisson approximation

a). Determine in this case whether the conditions for the Poisson approximation to the Binomial distribution are satisfied.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd