The option to buy extended warranties is commonplace with most electronics purchases.But does the type of purchase affect a consumer's willingness to pay extra for an extended warranty? Data for 420 consumers who purchased digital cameras and laptop computers from a leading electronics retailer are summarized in the table.The probability that a consumer purchases an extended warranty given that he/she has purchased a digital camera is ________________________ .

A).07
B).42
C).58
D).17
E).83

Question

The option to buy extended warranties is commonplace with most electronics purchases.But does the type of purchase affect a consumer's willingness to pay extra for an extended warranty? Data for 420 consumers who purchased digital cameras and laptop computers from a leading electronics retailer are summarized in the table.The probability that a consumer purchases an extended warranty given that he/she has purchased a digital camera is ________________________ .

A).07 
B).42 
C).58 
D).17 
E).83

Quizplus · Accepted Answer

The Answer of The option to buy extended warranties is commonplace with most electronics purchases.But does the type of purchase affect a consumer's willingness to pay extra for an extended warranty? Data for 420 consumers who purchased digital cameras and laptop computers from a leading electronics retailer are summarized in the table.The probability that a consumer purchases an extended warranty given that he/she has purchased a digital camera is ________________________ .

A).07 
B).42 
C).58 
D).17 
E).83

The Option to Buy Extended Warranties Is Commonplace with Most