In a Small Town,a Certain Type of Laptop Computer Is

question 23

Multiple Choice

In a small town,a certain type of laptop computer is sold at just two stores.Store A has 31% of the sales,3% of which are of defective items,and store B has 69% of the sales,5% of which are of defective items.A person receives one of these laptop computers as a gift.What is the probability it is defective?

• A)0.03
• B)0.022
• C)0.044
• D)0.04
• E)0.34

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Definitions:

Gasoline Price

Gasoline price is the cost per unit volume of gasoline, typically measured in per liter or per gallon, which can vary based on crude oil prices, refinery costs, taxes, and other factors.

Percentage Increase

The ratio of the increase in an amount to the original amount, expressed as a percentage.

Retail Price

The price at which goods are sold to the public, often including additional costs like markup and taxes.

Markup

Incremental pricing on the acquisition cost of products to ensure overhead and profit incorporation.