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 25% 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 25% mentioned above? Just write down the name of the probability. C. Construct a joint probability table showing all joint and marginal probabilities.

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 25% 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 25% mentioned above? Just write down the name of the probability. C. Construct a joint probability table showing all joint and marginal probabilities.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter9: Decision Making Under Uncertainty

Section9.5: Multistage Decision Problems

Problem 19P

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