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Restaurants in London, Paris, and New York want diners to experience eating in pitch darkness to heighten their senses of taste and smell (Vanity Fair, December 2011). Suppose 400 people were asked, "If given the opportunity, would you eat at one of these restaurants?" The accompanying contingency table, cross-classified by age, would be produced. a. What is the probability that a respondent would eat at one of these restaurants?
B) What is the probability that a respondent would eat at one of these restaurants or is in the 30-44 age bracket?
C) Given that the respondent would eat at one of these restaurants, what is the probability that he or she is in the 30-44 age bracket?
D) Is whether a respondent would eat at one of these restaurants independent of one's age? Explain using probabilities.
Machine-Hours
A measure of production output or activity based on the total hours machines are operated in the manufacturing process.
Overhead Rate
A calculation used to allocate indirect costs to products or services, typically expressed as a rate per unit of activity (e.g., labor hours or machine hours).
Standard Cost System
A cost accounting system that assigns fixed costs for materials, labor, and overhead to products, allowing for variance analysis.
Actual Results
The actual outcomes or figures achieved, compared against forecasts or budgeted amounts.
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