Question content area top Part 1 A national survey indicated that 4040% of adults conduct their banking online. It also found that 4040% are under the age of 50, and that 1010% 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 1010% 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. Question content area bottom Part 1 a) The percentage of adults that do not conduct their banking online is 6060%. Part 2 b) What type of probability is the 1010% mentioned above? marginal probability personal probability joint probability Your answer is correct. empirical probability Part 3 c) Complete the contingency table below. Age Online Banking Yes No Total Under 50 enter your response here enter your response here enter your response here 50 or Older enter your response here enter your response here enter your response here Total enter your response here enter your response here enter your response here (Do not round.)
Question content area top Part 1 A national survey indicated that 4040% of adults conduct their banking online. It also found that 4040% are under the age of 50, and that 1010% 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 1010% 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. Question content area bottom Part 1 a) The percentage of adults that do not conduct their banking online is 6060%. Part 2 b) What type of probability is the 1010% mentioned above? marginal probability personal probability joint probability Your answer is correct. empirical probability Part 3 c) Complete the contingency table below. Age Online Banking Yes No Total Under 50 enter your response here enter your response here enter your response here 50 or Older enter your response here enter your response here enter your response here Total enter your response here enter your response here enter your response here (Do not round.)
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 50E: Flexible Work Hours In a recent survey, people were asked whether they would prefer to work flexible...
Related questions
Question
Question content area top
Part 1
A national survey indicated that
4040%
of adults conduct their banking online. It also found that
4040%
are under the age of 50, and that
1010%
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
1010%
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.
Question content area bottom
Part 1
a) The percentage of adults that do not conduct their banking online is
6060%.
Part 2
b) What type of probability is the
1010%
mentioned above?marginal probability
personal probability
joint probability
empirical probability
Part 3
c) Complete the contingency table below.
|
Age
|
|
Online Banking
|
|
|---|---|---|---|
|
|
Yes
|
No
|
Total
|
|
Under 50
|
enter your response here
|
enter your response here
|
enter your response here
|
|
50 or Older
|
enter your response here
|
enter your response here
|
enter your response here
|
|
Total
|
enter your response here
|
enter your response here
|
enter your response here
|
|
|
|
(Do not round.)
|
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