Consider the Following to Answer the Question(s) Below

question 20

Multiple Choice

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.
-Which of the following statements is true?

• A) The decision to purchase an extended warranty and the type of electronics (digital camera or laptop computer) purchased are independent.
• B) The decision to purchase an extended warranty and the type of electronics (digital camera or laptop computer) purchased are mutually exclusive.
• C) The decision to purchase an extended warranty and the type of electronics (digital camera or laptop computer) purchased are disjoint events.
• D) The decision to purchase an extended warranty and the type of electronics (digital camera or laptop computer) purchased are not independent.
• E) The decision to purchase an extended warranty and the type of electronics (digital camera or laptop computer) purchased are related.

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