Plan to Buy
Intentions of Consumers Regarding Future Automobile Purchases

question 159

Short Answer

Plan to buy
Intentions of consumers regarding future automobile purchases and the financial capability of the consumers are given below: $$\begin{array}{l}\quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \text { Plan to buy }\\\begin{array} { | c | c c c | } \hline \begin{array} { c } \text { Qualify for } \\\text { Financing }\end{array} & \begin{array} { c } \text { Within 6 months } \\( \mathrm { A } )\end{array} & \begin{array} { c } \text { 6 months or longer } \\( \mathrm { B } )\end{array} & \begin{array} { c } \text { No } \\\text { (C) }\end{array} \\\hline \text { Yes (D) } & 0.30 & 0.20 & 0.10 \\\text { No (E) } & 0.10 & 0.10 & 0.20 \\\hline\end{array}\end{array}$$
-For a randomly selected consumer,find the following probability: P(A and D).

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Definitions:

Sedentary Lifestyle

A way of life involving little to no physical activity, significantly increasing the risk of various health issues.

Vitamin D

A fat-soluble vitamin that is important for maintaining bone health and supporting immune system function.

Small Bone

A term referring to any of the shorter bones in the human body, often found in complex structures like the hands and feet.

Knee

The joint between the thigh and the lower leg, consisting of the femur, tibia, and patella.