|
An online store offers two methods of shipping— regular ground service and an expedited 2 day shipping. Customers may also choose whether or not to have the purchase gift wrapped. Suppose that the events E = event that the customer chooses expedited shipping G = event that the customer chooses gift wrap are independent with P(E) = 0.26 and P(G) = 0.12.
a. Construct a “hypothetical 1000” table with columns corresponding to whether or not expedited shipping was chosen and rows corresponding to whether or not gift wrap was selected.
b. Use the table to compute P (E ∪ G). Give a long run relative frequency interpretation of this probability. |
| New search. (Also 1294 free access solutions) |