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 22 34 40 96
25 or older 54 28 22 104
Total 76 62 62 200
If one of these consumers is randomly selected, what is the probability that the person prefers design A and is under 25?
The solution provides step by step method for the calculation of probability . Formula for the calculation and Interpretations of the results are also included.