SCENARIO 4-12 A Consulting Firm That Surveyed Consumers' Holiday Shopping Behavior Found

question 42

Short Answer

SCENARIO 4-12
A consulting firm that surveyed consumers' holiday shopping behavior found that the percentage of
consumers from the U.S., Canada, and China who said that they planned to spend more on holiday
shopping were 40%, 34% and 73%, respectively. The survey also found that the percentage of
consumers from the U.S., Canada, and China who said that they were willing to share personal
information with retailers in order to receive personalized offers from retailers were 55%, 46% and
72%, respectively. Assume that there are equal portions of consumers being surveyed from each of
the three countries, the survey results are good representations of the three populations of consumers,
and whether a consumer plans to spend more on holiday shopping is statistically independent of
whether he/she is willing to share personal information with retailers in order to receive personalized
offers from retailers.
-Referring to Scenario 4-12, if you randomly select a consumer from any of the three countries,
what is the probability that the consumer is from the U.S. or Canada who does not plan to spend
more on holiday shopping and is not willing to share personal information with retailers in order
to receive personalized offers from retailers?

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Definitions:

Dehumanize Inmates

Treating prison inmates as if they are not human beings, often by denying them respect and dignity.

Sanctions

Official penalties or restrictive measures imposed by countries or international bodies against entities, individuals, or countries to compel compliance with international laws or norms.

Society

A group of individuals living together in a more or less ordered community, sharing common traditions, institutions, and interests.

Daily Prison Interactions

Regular encounters and activities within a prison environment involving inmates, guards, and other prison staff.