What is probability that the customer pays with credit card

Assignment Help Basic Statistics
Reference no: EM131745686

Question - Economics and Finance Customers at a Publix grocery store in Charleston, South Carolina, can pay for purchases with cash, a debit card, or a credit card. Fifty-five percent of all customers use cash and 38% use a debit card. Careful research has shown of those paying with cash, 75% use coupons; of those using a debit card, 35% use coupons; and of those using a credit card, only 10% use coupons. Suppose a customer is randomly selected.

a. What is the probability that the customer pays with a credit card and does not use coupons?

b. What is the probability that the customer does not use coupons?

c. If the customer does not use coupons, what is the probability that he paid with a debit card?

Reference no: EM131745686

Questions Cloud

Health insurance portability and accountability act : Take a U.S. regulation "Health Insurance Portability and Accountability Act (HIPAA)" discussed in the course and present an argument for why
What is the probability that none of the four occurred : Travel and Transportation In a study of the worldwide commercial jet fleet through 2011, What is the probability that none of the four occurred
Discuss about the lengthy tests and medical diagnosis : Alzheimer's. Testing for Alzheimer s disease can be a long and expensive process, consisting of lengthy tests and medical diagnosis.
Discuss computed from the first of the month of acquisition : Depreciation is computed from the first of the month of acquisition to the first of the month of disposition
What is probability that the customer pays with credit card : What is the probability that the customer pays with a credit card and does not use coupons? What is the probability that the customer does not use coupons
Write an essay about the science behind farts : You need a 15 page essay about the science behind farts and how they happen. And what causes you to fart more or less .
Defect rate at specific point in production process : There is a 2 percent defect rate at a specific point in a production process. Should an inspector be hired based on costs alone?
State regulators are checking up on repair shops : Cars again. As in Exercise, state regulators are checking up on repair shops to see if they are certifying vehicles that do not meet pollution standards.
What is the probability that all four color their hair : Psychology and Human Behavior According to a recent survey, 11% of men ages 50 to 64 now color their hair. What is probability that all four color their hair

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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