Does it appear that the decision to purchase an extended warranty and the type of electronics purchased (digital camera or laptop computer) are independent? Explain.

Question

Quizplus · Accepted Answer

The Answer is Since the marginal probability of purchasing an extended warranty (0.42) does equal the conditional probability of purchasing an extended warranty given the consumer purchased a digital camera (0.42), the decision to purchase an extended warranty is independent of type of electronics (digital camera or laptop computer) purchased.

Does It Appear That the Decision to Purchase an Extended