Shoppers at a local department store were asked to complete a survey of their shopping experience. The results are shown in the table below: Satisfied with Service Not Satisfied with Service Totals Made a Purchase: 130 494 624 Did Not Make a Purchase: 715 183 898 Totals: 845 677 1522 a. What is the probability that a shopper selected at random made a purchase? b. What are the odds that a shopper selected at random was satisfied with their purchase?
please help!!
Give me a sec.......
It's been awhile but I think for A, you have to divide total number of people made a purchase by total people overall. For B, I think you have to divide just the people who are satisfied with their purchase and total number of people over all.
ok.. ill try that. ill leave this open a few more minutes to see if anyone who knows for sure can chime in. otherwise i'll go with that. thanks..
No problem, its been a while I've done probability, right now doing parametrics and other crazy stuff in calculus III.
So, I got 0.41 for the first question and 0.56 for the second
Ok, so 0.41 and 0.56 is in decimal form, to put it in percentage was, just times 100 to turn it into a percentage form.
right. it doesn't specify it's supposed to be in percent form. you think it should be?
Well usually probability means what is the chance of something happening, etc. So if you say it is a 0.53 chance of winning the lottery vs. a chance of 53% of winning the lottery. The percentage form just makes more sense.
gotcha. thanks..
The odds are the ratio of the probability of an event occurring to that of its not occurring. P(satisfied) = 845/1522 P(not satisfied) = 677/1522 Odds(satisfied) = (845/15220) : (677/1522) = 845 : 677
i am confused. so it was wrong what we did before?
Yes. The odds are a ratio of probabilities.
so what's the actual answer?
That's not what the question says For A, it says whats the probability that a shopper made a purchase\[\frac{ 624 }{ 1522 }=.4099*100=40.99percent\] For B, it says odds of satisfied WITH their purchase\[\frac{ 130 }{ 624 }:\frac{ 494 }{ 624 }=130:494\]
The odds that a shopper selected at random was satisfied with their purchase is 845 : 677
oh so b would be 26%
But the 845 includes the ones that DID NOT make a purchase, it asks the odds of the ones who MADE a purchase.
or should i put it as 130 : 494
I think it would be 130:494 because it was the odds selected random for the ones who were satisfied with their purchase hence meaning that they MADE a purchase.
i messed up it is service not purchase.. i just noticed when i went to put in the answer. so it should be 845 : 677
alright.. im about to close this and give hwtrain best answer unless you have something to say kropt, i see you're typing
but like i said, it doesnt say purchase i goofed.. it just says service. which means it should be 845 : 677
Oh if thats case @kropot72 was right all along... I bring dishonorable to my family........
haha i completely messed you guys up sorry
alright looks like i am good. thanks for the help
*sniffle sniffle*, I got a math problem wrong :(
Just a point to note. The maximum value of probability is 1. In statistics the maximum value of probability would not usually be stated as 100%.
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