Examlex

Solved

A Local Electronics Retailer Recently Conducted a Study on Purchasers

question 71

Multiple Choice

A local electronics retailer recently conducted a study on purchasers of large screen televisions.The study recorded the type of television and the credit account balance of the customer at the time of purchase.They obtained the following results.  Credit  Balance  Standard TV  LCD  Plasma  Projection  Under $200 1016405$200$8008122415 Over $800 16121630 Total 34408050\begin{array} { | l | c | c | c | c | } \hline \begin{array} { l } \text { Credit } \\\text { Balance }\end{array} & \text { Standard TV } & \text { LCD } & \text { Plasma } & \text { Projection } \\\hline \text { Under \$200 } & 10 & 16 & 40 & 5 \\\hline \$ 200 - \$ 800 & 8 & 12 & 24 & 15 \\\hline \text { Over \$800 } & 16 & 12 & 16 & 30 \\\hline \text { Total } & 34 & 40 & 80 & 50 \\\hline\end{array}
What percentage of the customers had the highest credit balances and purchased an LCD television?


Definitions:

Society

A group of individuals involved in persistent social interaction, or a large social group sharing the same geographical or social territory.

Campaign Finance Laws

Regulations and laws governing the funding of political campaigns, including how money can be raised and spent by candidates and parties.

Presidential Campaigns

The organized effort to elect an individual to the presidency, involving strategy, fundraising, outreach, and public appearances.

Constitution

The supreme law of the United States, outlining the national frame of government and the rights of the citizens.

Related Questions