A sample of 1000 households was selected in Los Angeles to determine information concerning consumer behavior. Among the questions asked was “Do you enjoy shopping for clothing?” Overall, 720 answered yes.  480 males were interviewed, and 272 males answered yes.
What is the probability that a respondent chosen at random is a male and does not enjoy shopping for clothing?

What will be an ideal response?


P(male and does not enjoy shopping for clothing) = 208/1000 = 0.208

Business

You might also like to view...

Transmitting numerous SYN packets to a targeted receiver, but NOT responding to an ACK, is

a. a smurf attack. b. IP Spoofing. c. an ACK echo attack d. a ping attack. e. none of the above

Business

Which of the following is NOT considered an important American subculture by marketers?

A) Hispanics B) African Americans C) the youth market D) opinion leaders E) Asians

Business

Which of the following would not describe the effects of an asset source transaction on the elements of a company's financial statements? Assets=Liab.+EquityRev.?Exp.=Net Inc.Stmt ofCash FlowsA.+=++NANA?NA=NA+FAB.+=NA++NA?NA=NA+FAC.+=NA+++?NA=++OAD.NA=NA+NANA?NA=NA?IA

A. Option A B. Option B C. Option C D. Option D

Business

The correlation of returns between Asset A and Asset B can be characterized as ________. (See Table 8.1)

A) perfectly positively correlated B) perfectly negatively correlated C) uncorrelated D) partially correlated

Business