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The Option to Buy Extended Warranties Is Commonplace with Most

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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 digital cameras and
Laptop computers from a leading electronics retailer are summarized in the table.The
Probability that a consumer purchases an extended warranty given that he/she has
Purchased a digital camera is 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 digital cameras and Laptop computers from a leading electronics retailer are summarized in the table.The Probability that a consumer purchases an extended warranty given that he/she has Purchased a digital camera is   A) .07 B) .42 C) .58 D) .17 E) .83


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