Solved

A Local Electronics Retailer Recently Conducted a Study on Purchasers

Question 71

Multiple Choice

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.  Credit  Balance  Standard TV  LCD  Plasma  Projection  Under $200 1016405$200$8008122415 Over $800 16121630 Total 34408050\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

Correct Answer:

verifed

Verified

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

Related Questions