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Probability of Argentina consumer selections

Based on the table given in the attached file:

1. What is the probability that a consumer selected at random purchased fewer products than before? Round to 4 decimal places.

2. What is the probability that a consumer selected at random purchased the same number or more products than before? Round to 4 decimal places.

3. What is the probability that a consumer selected at random purchased fewer products than before and changed brands? Round to 4 decimal places.

4. Given that a consumer changed the brands, what then is the probability that the consumer purchased fewer products than before? Round answer to 4 decimal places.

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Based on the table given in the attached file:

1. What is the probability that a consumer selected at random purchased fewer products than before? Round to 4 decimal places.

Solution. As there are 272 people who purchased fewer products than before, the probability that a consumer selected at random purchased fewer products than before is

272/400=0.6800

2. What is the probability that a ...

Solution Summary

The probability of Argentina consumer selections are examined.

$2.19