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An appliance manufacturer offers extended warranties on its washers and dryers. Based on past sales, the manufacturer reports that of customers buying both a washer and a dryer, 52% purchase the extended warranty for the washer, 47% purchase the extended warranty for the dryer, and 59% purchase at least one of the two extended warranties.
a. Use the given probability information to set up a “hypothetical 1000” table.
b. Use the table from Part (a) to find the following probabilities.
i. The probability that a randomly selected customer who buys a washer and a dryer purchases an extended warranty for both the washer and the dryer.
ii. The probability that a randomly selected customer purchases an extended warranty for neither the washer nor the dryer. |
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