Mathematics, 25.11.2021 08:20 kylebenson
Recent uncertain economic conditions have forced many people to change their spending habits. In a recent telephone poll of 1,000 adults, 629 stated that they were cutting back on their daily spending. Suppose that 322 of the 629 people who stated that they were cutting back on their daily spending said that they were cutting back somewhat and 97 state they were cutting back somewhat and delaying the purchase of a new car by at least 6 months. If one of the 629 people who are cutting back on their spending is selected at random, what is the probability that they are delaying the purchase of a new car by at least 6 months given that they are cutting back on spending somewhat?
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Recent uncertain economic conditions have forced many people to change their spending habits. In a r...
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