Solved

A Market Research Firm Is Investigating the Appeal of Three

Question 78

Multiple Choice

A market research firm is investigating the appeal of three package designs.The table below gives information obtained through a sample of 200 consumers.The three package designs are labeled A, B, and C.The consumers are classified according to age and package design preference.  A  B  C  Total  Under 25 years 2234409625 or older 542822104 Total 766262200\begin{array} { | c | c | c | c | c | } \hline & \text { A } & \text { B } & \text { C } & \text { Total } \\\hline \text { Under 25 years } & 22 & 34 & 40 & 96 \\\hline 25 \text { or older } & 54 & 28 & 22 & 104 \\\hline \text { Total } & 76 & 62 & 62 & 200 \\\hline\end{array} If one of these consumers is randomly selected, what is the probability that the person prefers design A?


A) 0.76
B) 0.38
C) 0.33
D) 0.22
E) 0.39

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents