Can anyone please help with this probability problem. ASAP THANKS Before books a

Question

Can anyone please help with this probability problem. ASAP THANKS Before books aimed at preschool children are marketed, marketers obtain a reaction from a panel of such children; the reaction may be favorable, neutral, or unfavorable. Subsequently, book sales are categorized as high, moderate, or low. 2. Refer to this table: Sales Neutral 101 211 113 Unfavorable 61 70 141 Favorable 173 Hi Moderate Low 42 Part A What is the probability sales will be high? If the panel reaction is unfavorable, what is the probability that sales will be low? If sales were moderate, what is the probability that panel reaction was favorable? Are the outcomes of market reaction and of sales independent?

Explanation / Answer

Probability that sales will be high is = 335/1000 = 0.335

If the panel reaction is unfourable then probability that sales will be low = 141/272 = 0.5183

If the sales were moderate probability of panel reaction was favorable = 88/ 369 = 0.2384

Outcome of market reaction and sales are dependent.

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