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question 12

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Consider the following to answer the question(s) below:
The option to buy extended warranties is commonplace with most electronics purchases. Does the type of purchase affect a consumer's willingness to pay extra for an extended warranty? Data for 420 consumers who purchased digital cameras and laptop computers from a leading electronics retailer are summarized in the table. Consider the following to answer the question(s)  below: The option to buy extended warranties is commonplace with most electronics purchases. Does the type of purchase affect a consumer's willingness to pay extra for an extended warranty? Data for 420 consumers who purchased digital cameras and laptop computers from a leading electronics retailer are summarized in the table.   -Of those who made a purchase, the percentage who chose the warranty is A)  41.67% (175/420)  B)  7.14% (30/420)  C)  17.14% (30/175)  D)  82.86% (145/175)  E)  71.43% (175/245)
-Of those who made a purchase, the percentage who chose the warranty is


Definitions:

Phenotype

The observable physical or biochemical characteristics of an organism as determined by both genetic makeup and environmental influences.

Microevolution

The process of evolution over a short period that results in changes in gene frequency within a population, leading to slight adaptations or shifts.

Allele Frequencies

The proportion of all copies of a given gene variant (allele) present in a particular population.

Generations

Sequential stages in the familial lineage, where an individual's successors are considered a new generation.

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