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).

---

Definitions:

Nationalistic Orientation

A perspective or ideology that places the interests and cultural identity of one's own nation above others, often emphasizing sovereignty and patriotism.

Empathy

the capacity to understand and feel what another person is experiencing from within their frame of reference.

Self-awareness

The conscious knowledge of one's own character, feelings, motives, and desires, often seen as a key aspect of emotional intelligence.

Trust

The reliance on the integrity, strength, ability, or character of a person or thing, forming the foundation for meaningful relationships and societal functions.