Part 3 (6 pts) The following data was collected from a consumer survey of your f
ID: 3046155 • Letter: P
Question
Part 3 (6 pts)
The following data was collected from a consumer survey of your firm's new packaged food product
to discover characteristics of why the product is being purchased and to see if its being purchased for the reason it was developed.
Reason for Purchase
Family
Size Quality Price
Convenie
nce Totals
1 or 2 421.00 393.00 76.00 890.00
3 to 5 400.00 594.00 46.00 1040.00
Totals 821.00 987.00 122.00 1930.00
1. What is the probability consumers select the product for its quality?
Use the data above to construct a formula to answer the question.
0.000 <<< Enter formula
2. What is the probability consumers select the product for its convenience?
Use the data above to construct a formula to answer the question.
0.000 <<< Enter formula
3. What is the probability the consumer's family size is 1 or 2 people?
Use the data above to construct a formula to answer the question.
0.000 <<< Enter formula
4. Use the above table to calculate the probabilities of each event or outcome in the table below.
Reason for Purchase
Family
Size Quality Price
Convenie
nce Totals
1 or 2 0.000 0.000 0.000 <<< Enter formulas in the green cells in this table.
3 to 5 0.000 0.000 0.000
Totals
5. What is the probability that the consumer has a family size of 3-5 and purchases the product because of price?
Use the data above to construct a formula to answer the question.
0.000 or 0.000 <<< Enter formula
6. What is the probability that the purchase is for quality given the consumer has a household size of 1-2?
0.000 <<< Enter formula
7.What is the probability that the household size is 3-5 given the consumer purchases for convenience?
0.000 <<< Enter formula
8. What is the probability that the product is purchased for price or convenience?
0.000 <<< Enter formula
9. What is the probability that the product is purchased for price or convenience given the household size is 3-5?
0.000 <<< Enter formula
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Explanation / Answer
a)
1. What is the probability consumers select the product for its quality?
P=821/1930
b) 122/1930
c) 890/1930
Please repost the rest of the parts individually