A local electronics retailer recently conducted a study on purchasers of large screen televisions.The study recorded the type of television and the credit account balance of the customer at the time of purchase.They obtained the following results. $\begin{array} { | l | c | c | c | c | }
\hline \begin{array} { l }
\text { Credit } \
\text { Balance }
\end{array} & \text { Standard TV } & \text { LCD } & \text { Plasma } & \text { Projection } \
\hline \text { Under \$200 } & 10 & 16 & 40 & 5 \
\hline \$ 200 - \$ 800 & 8 & 12 & 24 & 15 \
\hline \text { Over \$800 } & 16 & 12 & 16 & 30 \
\hline \text { Total } & 34 & 40 & 80 & 50 \
\hline
\end{array}$
What percentage of the customers had the highest credit balances and purchased an LCD television?
A)36.30
B)5.90
C)19.60
D)56.30
E)16.20

Question

A local electronics retailer recently conducted a study on purchasers of large screen televisions.The study recorded the type of television and the credit account balance of the customer at the time of purchase.They obtained the following results. $\begin{array} { | l | c | c | c | c | } 
\hline \begin{array} { l } 
\text { Credit } \
\text { Balance }
\end{array} & \text { Standard TV } & \text { LCD } & \text { Plasma } & \text { Projection } \
\hline \text { Under \$200 } & 10 & 16 & 40 & 5 \
\hline \$ 200 - \$ 800 & 8 & 12 & 24 & 15 \
\hline \text { Over \$800 } & 16 & 12 & 16 & 30 \
\hline \text { Total } & 34 & 40 & 80 & 50 \
\hline
\end{array}$
What percentage of the customers had the highest credit balances and purchased an LCD television?
A)36.30
B)5.90
C)19.60
D)56.30
E)16.20

Quizplus · Accepted Answer

The number of customers with the highest credit balance (over $800) who purchased an LCD television is 12. The total number of customers is 204. The percentage is (12/204) * 100 = 5.88%, which rounds to 5.90%.

A Local Electronics Retailer Recently Conducted a Study on Purchasers