# Quiz2F10 - TeamMBA Statistics Boot Camp Quiz 2 Name 1 The following table provides data on education level as it relates to coupon usage The data

This preview shows pages 1–2. Sign up to view the full content.

TeamMBA Name: Statistics Boot Camp Quiz 2 1. The following table provides data on education level as it relates to coupon usage. The data were collected from 440 coupon users. [This data set is modified from one given in Statistics for Business and Economics , 10 th edition by McClave, Benson, and Sincich.] Type of Use Education Mail/Paper Only Internet Only Both HS 34 7 19 Some college 96 20 62 College degree 85 9 38 Grad school 47 7 16 Let A be the event that someone is a college graduate (but not grad school) and B be the event that someone uses coupons from the internet (exclusively). Determine the following and show supporting work: a) P(A) b) P(B) c) P(A|B) d) P(A and B) e) P(A or B) f) Are A and B independent? Justify your answer. 2. According to the IRS, the chances of your tax return being audited are about 15 in 1000 if your income is less than \$100,000 and 30 in 1000 if your income is \$100,000 or more.

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

## This note was uploaded on 02/12/2012 for the course ECON 136 taught by Professor Johanek during the Spring '11 term at Boston Architectural.

### Page1 / 2

Quiz2F10 - TeamMBA Statistics Boot Camp Quiz 2 Name 1 The following table provides data on education level as it relates to coupon usage The data

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online