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Through a Telephone Survey,a Low-Interest Bank Credit Card Is Offered

Question 46

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Through a telephone survey,a low-interest bank credit card is offered to 400 households.The responses are as tabled.
Through a telephone survey,a low-interest bank credit card is offered to 400 households.The responses are as tabled. a.Develop a joint probability table and show the marginal probabilities.. b.What is the probability of a household whose income exceeds $40,000 and who rejects the offer? c.If income is < $40,000,what is the probability the offer will be accepted? d.If the offer is accepted,what is the probability that income exceeds $40,000?
a.Develop a joint probability table and show the marginal probabilities..
b.What is the probability of a household whose income exceeds $40,000 and who rejects the offer?
c.If income is < $40,000,what is the probability the offer will be accepted?
d.If the offer is accepted,what is the probability that income exceeds $40,000?

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