Multiple Choice
Consider the following to answer the question(s) below:
The option to buy extended warranties is commonplace with most electronics purchases. Does the type of purchase affect a consumer's willingness to pay extra for an extended warranty? Data for 420 consumers who purchased digital cameras and laptop computers from a leading electronics retailer are summarized in the table.
-Of those who bought a digital camera, the percentage who purchased the warranty is
A) 41.67% (30/72)
B) 17.14% (72/420)
C) 7.14% (30/420)
D) 41.14% (72/175)
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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