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. If one of these consumers is randomly selected and prefers design B,what is the probability that the person is 25 or older?
A) 0.28
B) 0.14
C) 0.45
D) 0.27
E) 0.78
Correct Answer:
Verified
Q60: Meagan Dubean manages a portfolio of 200
Q62: The table below provides summary information about
Q67: Meagan Dubean manages a portfolio of 200
Q72: Given P (A)= 0.45, P (B)=
Q87: A market research firms conducts studies regarding
Q90: Suppose 5% of the population have a
Q91: It is known that 20% of all
Q96: Suppose 5% of the population have a
Q97: Suppose that your company is sending invitations
Q98: An analysis of personal loans at a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents