Mathematics, 02.05.2021 02:10 hcpswalkertl3
Thirty percent of credit card holders carry no monthly balance, while 70% do. Of those card holders carrying a balance, 30% have annual income $20,000 or less, 40% between $20,001 - $50,000, and 30% over $50,000. Of those card holders carrying no balance, 20%, 30%, and 50% have annual incomes in these three respective categories.
a) What is the probability that a randomly chosen card holder has annual income $20,000 or less?
b) If this card holder has an annual income that is $20,000 or less, what is the probability that (s)he carries a balance?
Answers: 2
Mathematics, 21.06.2019 17:30, NathalyN
The following frequency table relates the weekly sales of bicycles at a given store over a 42-week period. value01234567frequency367108521(a) in how many weeks were at least 2 bikes sold? (b) in how many weeks were at least 5 bikes sold? (c) in how many weeks were an even number of bikes sold?
Answers: 2
Mathematics, 21.06.2019 18:00, madisonvinson0
Stephen thublin invests $1,000,000 in a 45-day certificate of deposit with 6.55% interest. what is the total interest income from the investment?
Answers: 1
Thirty percent of credit card holders carry no monthly balance, while 70% do. Of those card holders...
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