What is the probability that like crunchicles

Assignment Help Accounting Basics
Reference no: EM132742618

Five hundred consumers were surveyed about a new brand of snack food, Crunchicles. Their age groups and preferences are given in the table.

                              18-24                   25-34        35-55        55 and   over Total

Liked Crunchicles           39                66              10           86           201

Disliked Crunchicles       27                19            38             95           179

No Preference            24               37             35            24             120

Total                        90                   122       83           205               500

Problem 1: One consumer from the survey is selected at random. Use reduced fractions for your responses to each of the following questions. What is the probability that the consumer is 18-24 years of age, given that they dislike Crunchicles?

Problem 2: What is the probability that the selected consumer dislikes Crunchicles?

Problem 3: What is the probability that the selected consumer is 35-55 years old or likes Crunchicles?

Problem 4: If the selected consumer is 70 years old, what is the probability that they like Crunchicles?

Reference no: EM132742618

Questions Cloud

What is Flower net pay : Lily Flower's weekly gross earnings for the week ended October 20 were $2,500, and her federal income tax withholding was $517.24. What is Flower net pay
What is the swimmer average speed for the entire trip : A swimmer swims across a river 37.00 m wide at 1.25 m/s. She then swims back at 2.00 m/s. What is the swimmer's average speed for the entire trip?
Determine the proceeds of the note : On October 12, Belleville Co. borrowed cash from Texas Bank by issuing a 30-day note with a face amount of $70,000. Determine the proceeds of the note
Compute the amount of the employee gross pay for the week : The employee worked 45 hours during the week. Compute the amount of the employee's gross pay for the week
What is the probability that like crunchicles : What is the probability that the consumer is 18-24 years of age, given that they dislike Crunchicles? what is the probability that they like Crunchicles?
Compute the amount due at maturity : Problem - A business issued a $5,000, 60-day, 12% note to the bank. Compute the amount due at maturity
What is the percentage rate associated with preferred stock : Assuming the preferred dividend reflected a full-year amount at the normal yield, what is the percentage rate associated with preferred stock
What is the amount of proceeds from borrowings : The increase in share capital includes $10 000 arising from the company's dividend reinvestment scheme. What is the amount of proceeds from borrowings
Compute the December amount that Davian should report : Compute the December 31, 20X3, amount that Davian should report as a total finance lease liability after the lease payment has been made

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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