. In Exercise 64, consider the following additional information on credit card usage: 70% of all regular fill-up customers use a credit card. 50% of all regular non-fill-up customers use a credit...


. In Exercise 64, consider the following additional information on credit card usage:


70% of all regular fill-up customers use a credit card.


50% of all regular non-fill-up customers use a credit card.


60% of all mid-grade fill-up customers use a credit card.


50% of all mid-grade non-fill-up customers use a credit card.


50% of all premium fill-up customers use a credit card.


40% of all premium non-fill-up customers use a credit card.


Compute the probability of each of the following events for the next customer to arrive (a tree


diagram might help).


(a) {mid-grade and fill-up and credit card}


(b) {premium and non-fill-up and credit card}


(c) {premium and credit card}


(d) {fill-up and credit card}


(e) {credit card}


(f) If the next customer uses a credit card, what is the probability that s/he purchased premium


gasoline?





May 05, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions ยป

Submit New Assignment

Copy and Paste Your Assignment Here