Week 2 Stats 1 - 2. Visa Probability = 4000/10000 = 40% 3....

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4.11 I have not looked at anyone else’s responses yet, so let’s see how I do on this one. Based on the tutorial I watched earlier I built the following table: Total 10,000 MC 2500 Visa 4000 Both 1000 Neither 3500 a. 1. MC probability = 2500/10000 = 25%
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Unformatted text preview: 2. Visa Probability = 4000/10000 = 40% 3. Both Probability = 1000/10000 = 10% c. 1. Mc or Visa = 6500/10000 = 65% 2. Neither = 3500/10000 = 35% 3. 1 of the 2 5500/10000 (does not include who has both)...
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This note was uploaded on 03/26/2012 for the course STATISTIC GM533 taught by Professor Henry during the Fall '10 term at Keller Graduate School of Management.

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