Answer to Question #191753 in Statistics and Probability for maria

Question

Monthly spending ($)

 

 

 

 

 

 

Age

20s

30s

$0.00 - $49.99

75

29

$50.00 - $99.99

91

83

$100.00 - $149.99

113

90

$150.00 - $199.99

89

128

$200.00 - $249.99

63

159

$250.00 or more

34

46

Total customers

465

535

 

a. What is the probability that a customer is in his/her 20s?

Answer 1

The given data is-

(a) Total number of young adults =1000

Number of customers who are in 20s = 465

Hence, Required Probability $=\dfrac{465}{1000}=0.465$