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 a digital camera and an extended warranty 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 a digital camera and an extended warranty 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 a digital camera and an extended warranty is 
A) .07 
B) .42 
C) .58 
D) .17 
E) .83

The Option to Buy Extended Warranties Is Commonplace with Most