(Solved): A salesperson at the retail outlet has observed a buying pattern over ma …

A salesperson at the retail outlet has observed a buying pattern over many graduations. All of the last 1000 sales were made by either parents/ friends. Of the 400 sales made to partners/ friends, 180 were sales of teddy bears and 150 were sales of koalas. Of the 600 sales made to parents, 400 were sales of bunches of flowers. A total of 240 teddy bears were sold.Assuming we can use this information to predict future sales, what is the probability that if a parent makes a graduation gift purchase at this outlet it will be koala (0.23333…)If a new graduate is given a bunch of flowers from this outlet, what is the probability that the flowers were purchased by their partner or friend? (0.1489)

Solution:

Solution:

We have the solution to this question. However, to avoid posible plagiarism, let us provide a fully custom and original solution. Please talk to any of our homework helpers via the chat icons at the bottom of your screen.

Psst!!! Let us do your homework for you!

Do you need expert help with your homework? Are you busy and would like an extra hand with your essays, homework and assignments? Try us today for the best grades in class!

Send us a message!