Consider the Following to Answer the Question(s) Below

question 14

Multiple Choice

Consider the following to answer the question(s) below:
Harrison Water Sports has three retail outlets: Vancouver, Victoria, and Nanaimo. The Vancouver store does 50 percent of the total sales in a year, while the Victoria store does 35 percent of the total sales, and Nanaimo the remainder. Further analysis indicates that of the sales in Vancouver, 20 percent are in boat accessories. The percentage of boat accessories at the Victoria store is 30 and the percentage at the Nanaimo store is 25.
-If a sale is recorded as a boat accessory, the probability that the sale was made at the Nanaimo store is

• A) 0.155.
• B) 0.375.
• C) 0.2245.
• D) 0.25.
• E) 0.15.

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Definitions:

Prospective Customers

Individuals or businesses that are considered potential buyers for a company's products or services, but have not yet made a purchase.

Heavy-Equipment Manufacturer

A company that specializes in producing large machinery used in construction, mining, and other industries requiring heavy lifting and earthmoving.

Mass Selling

A type of marketing strategy that aims to reach a wide audience through various forms of mass media, such as television, radio, or online platforms.

Advertising

The activity or profession of producing advertisements for commercial products or services.