What is the probability the customer does not have account

Assignment Help Marketing Research
Reference no: EM131769328

Answer below in 150 words

A local bank reports that 80 percent of its customers maintain a checking account, 60 percent have a savings account, and 50 percent have both.

If a customer is chosen at random, what is the probability the customer has either a checking or a savings account?

What is the probability the customer does not have either a checking or a savings account?

Reference no: EM131769328

Questions Cloud

Difference between levered beta and unlevered beta : Q1) Explain why you might want to have/calculate unlevered beta and what is the difference between levered beta and unlevered beta?
Describe how each of the situations might threaten janes : Describe how each of the situations might threaten Janes' independence from the auto dealership
What sample size should be used in given case : It is desired to estimate the mean diameter of steel rods so that, with probability 0.95, the error of estimation will not exceed 0.005 cm.
Explain arpu for the industry : Q1) Explain acquisition multiple (i.e adjusted EBITDA) and when do you use it? Q2) Explain WACC, COD, and COE.
What is the probability the customer does not have account : A local bank reports that 80 percent of its customers maintain a checking account, 60 percent have a savings account, and 50 percent have both.
Advantages and disadvantages of living in a state : what might be the advantages and disadvantages of living in a state with a large older population? From the point of view of younger generations?
Biblically there are numerous accounts of anger : Biblically, there are numerous accounts of anger. There is both righteous and unrighteous anger throughout the bible.
Describe the cauchy distribution : A random variable is said to have the (standard) Cauchy distribution if its PDF is given by (5.2.6). This exercise uses computer simulations to demonstrate.
How does this impact quality improvement : What driving forces support each of these organizations, how does this impact quality improvement?

Reviews

Write a Review

Marketing Research Questions & Answers

  A business plan: gift shop

A business plan for a gift shop contains so many constraints and aspects to be taken into consideration before start up with something.

  Managerial decision making

This assignment is based on Managerial Decision Making. Compare and contrast the theoretical and practical differences between "formal research" and "business proposals".

  London congestion charge

Generate revenue for city are under consideration. The two proposals are London Congestion Charge and Charging for Firefighting.

  Market research

The director of market research at a large department store chain wanted to prepare a survey throughout a metropolitan area to calculate the amount of time working women spend shopping for clothing in a typical month.

  Producing quality steel by stressing sound management

Nucor Corporation- Producing Quality Steel by Stressing Sound Management Practices

  Monitor and review the performance of members of a team

Monitor and review the performance of members of a team.

  Scientific research and informal research

Differences between scientific research and some informal research

  Dilmah ceylon tea: market development in australia

Dilmah Ceylon Tea: Market Development in Australia.

  Quantitative analysis based on a excessive research

Zara is part of a multi-national conglomerate and it is operating in many countries worldwide. There are a total number of 1770 Zara stores world wide in regions of Africa, Asia, Central America and The Caribbean, Europe, North America, and South Ame..

  Market research report

Market Research Report

  Designing a lunchbox menu for children

Marketing Plan- Designing a lunchbox menu for Children

  Case study:moet hennessy louis vuitton

Case study:Moet Hennessy Louis Vuitton

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