The Option to Buy Extended Warranties Is Commonplace with Most

question 9

Multiple Choice

The option to buy extended warranties is commonplace with most electronics purchases. But does the type of purchase affect a consumer's willingness to pay extra for
An extended warranty? Data for 420 consumers who purchased big screen TVs and
Laptop computers from a leading electronics retailer are summarized in the table. Which
Of the following statement is true?

• A) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are independent.
• B) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are mutually exclusive.
• C) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are disjoint events.
• D) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are not independent.
• E) The decision to purchase an extended warranty and type of electronics (big screen TV Or laptop computer) purchased are related.

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