Two customers enter a store. Independently, they make decisions to purchase or n

Question

Two customers enter a store. Independently, they make decisions to purchase or not to purchase. The following diagram shows how the outcomes can occur and combine with red bolding of sequence Customer 1 does not purchase and Customer 2 does not purchase. Customer 1 Customer 2 purchase, purchase (2 purchases Purchase No putchase Purchase purchase, no purchase (d purchase) no purchase, purchase (1 purchase) ase purchase o purchal The possible outcomes are shown on the right. if the event is the number of are possible: O purchases. 1 purchase, and one rule applies to the sequence of independentoutcomes of Customer 1 and

Explanation / Answer

Simple Multiplication Rule: P(A and B) = P(A)*P(B ) is correct

as A and B are independent

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