A. If a respondent selected is a member of Generation X, what is the probability that he or she pays the full amount each month? (round to the three decimal places as needed)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 3E
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Do Generation X and Boomers differ in how
they use credit cards? A sample
of 1,000 Generation X and 1,000 Boomers
revealed the results in the accompanying table.
PAY FULL AMOUNT EACH
MONTH
Yes
No
Total
GENERATION
Generation X
390
610
1,000
Boomers
560
440
1,000
Total
950
1,050
2,000
A. If a respondent selected is a member of
Generation X, what is the probability that he or
she pays the full amount each month? (round to
the three decimal places as needed)
Transcribed Image Text:Do Generation X and Boomers differ in how they use credit cards? A sample of 1,000 Generation X and 1,000 Boomers revealed the results in the accompanying table. PAY FULL AMOUNT EACH MONTH Yes No Total GENERATION Generation X 390 610 1,000 Boomers 560 440 1,000 Total 950 1,050 2,000 A. If a respondent selected is a member of Generation X, what is the probability that he or she pays the full amount each month? (round to the three decimal places as needed)
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