A Random Sample of Computer Users Was Asked Which Browser

question 141

Multiple Choice

A random sample of computer users was asked which browser they primarily relied on for surfing the Internet and whether this browser was installed on a PC or on a Mac computer. The following contingency table shows these results. Given that the randomly selected computer was a PC, the probability that the computer used the Firefox browser is ________.

• A) 0.235
• B) 0.320
• C) 0.361
• D) 0.443

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Definitions:

Monopsony Power

The market power held by a single buyer to influence the price at which they purchase goods or services.

Elasticity Of Supply

The degree to which the quantity supplied of a good changes in response to a change in its price.

Marginal Value

The additional benefit received by consuming or using one more unit of a good or service.

Markdown

A reduction from the original selling price of goods or services to increase their attractiveness to buyers.