Business, 03.08.2021 16:10 sparkybig12
The accompanying data are from the article "Characteristics of Buyers of Hybrid Honda Civic IMA: Preferences, Decision Process, Vehicle Ownership, and Willingness-to-Pay" (Institute for Environmental Decisions, November 2006). Each of 303 people who purchased a Honda Civic was classified according to gender and whether the car purchased had a hybrid en- gine or not.
Hybrid
Not Hybrid
Male
77
117
Female
34
83
Suppose one of these 311 individuals is to be selected at random.
a. Find the following probabilities:
i. P 1male2
ii. P 1hybrid 2
iii. P 1hybrid 0 male2
iv. P 1hybrid 0 female2
v. P 1 female 0 hybrid 2
b. For each of the probabilities calculated in Part (a), write a sentence interpreting the probability.
c. Are the probabilities P 1hybrid 0 male2 and P 1male 0 hybrid 2 equal? If not, write a sentence or two explaining the difference between these two probabilities.
Answers: 2
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