Solved

A Market Research Firm Is Investigating the Appeal of Three

Question 33

Multiple Choice

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.  A  B  C  Total  Under 25 years 2234409625 or older 542822104 Total 766262200\begin{array} { | c | c | c | c | c | } \hline & \text { A } & \text { B } & \text { C } & \text { Total } \\\hline \text { Under 25 years } & 22 & 34 & 40 & 96 \\\hline 25 \text { or older } & 54 & 28 & 22 & 104 \\\hline \text { Total } & 76 & 62 & 62 & 200 \\\hline\end{array} If one of these consumers is randomly selected, what is the probability that the person prefers design A and is under 25?


A) 0.22
B) 0.11
C) 0.18
D) 0.54
E) 0.78

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions