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 big screen TVs and
Laptop computers from a leading electronics retailer are summarized in the table. Which
Of the following statement is true?
A) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are independent.
B) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are mutually exclusive.
C) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are disjoint events.
D) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are not independent.
E) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are related.

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 big screen TVs and
Laptop computers from a leading electronics retailer are summarized in the table. Which
Of the following statement is true? 
A) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are independent. 
B) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are mutually exclusive. 
C) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are disjoint events. 
D) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are not independent. 
E) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are related.

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 big screen TVs and
Laptop computers from a leading electronics retailer are summarized in the table. Which
Of the following statement is true? 
A) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are independent. 
B) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are mutually exclusive. 
C) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are disjoint events. 
D) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are not independent. 
E) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are related.

The Option to Buy Extended Warranties Is Commonplace with Most