If a Customer at a Particular Grocery Store Uses Coupons

question 17

Multiple Choice

If a customer at a particular grocery store uses coupons, there is a 50% probability that the customer will pay with a debit card. Thirty percent of customers use coupons and 35% of customers pay with debit cards. Given that a customer pays with a debit card, the probability that the same customer uses coupons is ------- .

• A)0.60
• B)0.22
• C)0.43
• D)0.72

---

Definitions:

Research And Development

Activities undertaken by companies to innovate and introduce new products or processes, often involving substantial investment in technology and human resources.

Patent

A Patent is an exclusive right granted to an inventor to make, use, or sell an invention for a certain number of years, protecting it from unauthorized use or replication.

Legal Fees

Charges billed by attorneys or law firms for legal services rendered.

Intangible Assets

Non-physical assets owned by a business that could include intellectual property rights, brand recognition, and patents.