QUESTION 1 According to a recent market research study, 60% of all US households

Question

QUESTION 1 According to a recent market research study, 60% of all US households have cable TV, 40% own at least two televisions and 20% have cable TV and own two at least two televisions. What is the probability that a US household has: cable TV or own at least two televisions? 1.0 0.895 QUESTION 2 to a recent market research study, 60% of all US households have cable TV, 40% own at least two televisions and 20% have cable TV and own two at least two televisions. What is the probability that a US household has: does not have cable TV nor own at least two televisions? 0.197 0.4 QUESTION 3 to a recent market research study, 60% of all US households have cable T, 40% own at least two televisions and 20% have cable TV and own two at least two televisions. What is the probability that a US household has: has cable TV given that it owns at least two televisions? 0.431 0.350 00.5

Explanation / Answer

P(own atleast 2 TV)=0.4

P(cable)=0.6

P(both)=0.2

thus P(own atleast 2 TV or cable)=P(own atleast 2 TV)+P(cable)-P(both)=0.4+0.6-0.2=0.8 option B

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