A national survey indicated that 30% of adults conduct their banking online. It also found that 40% are under the age of 50, and that 10% are under the age of 50 and conduct their banking online....

A national survey indicated that
30%
of adults conduct their banking online. It also found that
40%
are under the age of 50, and that
10%

are under the age of 50 and conduct their banking online.

a) What percentage of adults do not conduct their banking online?

b) What type of probability is the
10%

mentioned above?

c) Construct a contingency table showing all joint and marginal probabilities.

d) What is the probability that an individual conducts banking online given that the individual is under the age of 50?

e) Are Banking online and Age independent? Explain.

Jun 03, 2022

SOLUTION.PDF

A national survey indicated that 30% of adults conduct their banking online. It also found that 40% are under the age of 50, and that 10% are under the age of 50 and conduct their banking online....

Get Answer To This Question

Related Questions & Answers

Submit New Assignment

A national survey indicated that 30​% of adults conduct their banking online. It also found that 40​% are under the age of​ 50, and that 10​% are under the age of 50 and conduct their banking online....

Get Answer To This Question

Related Questions & Answers

Submit New Assignment

A national survey indicated that 30% of adults conduct their banking online. It also found that 40% are under the age of 50, and that 10% are under the age of 50 and conduct their banking online....