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Instruction 4-4 Suppose That Patrons of a Restaurant Were Asked Whether They

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Instruction 4-4
Suppose that patrons of a restaurant were asked whether they preferred beer or whether they preferred wine.70% said that they preferred beer.60% of the patrons were male.80% of the males preferred beer.
-Referring to Instruction 4-4,the probability a randomly selected patron is a female who prefers beer is ________.

Understand the importance of audience needs in guiding business communication.
Recognize the iterative nature of the writing process and the significance of spending appropriate time on each stage.
Identify appropriate communication strategies and understand the concept of genres in written communication.
Understand the effectiveness of different organizational plans in written communication.

Definitions:

Price Change

Refers to the variance in the cost of goods or services over time, which can be an increase or a decrease.

Market Quantity

The total amount of a specific good or service that is available for purchase in a market at a given time.

Buyers

People or organizations that acquire products or services within a marketplace.

Price

The price one must pay to secure a product or service.

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