Question

John runs a computer software store. Yesterday he counted 137 people who walked by the store, 56 of whom came into the store. Of the 56, only 25 bought something in the store.
A) Estimate the probability that a person who walks by the store will enter the store.B) Estimate the probability that a person who walks into the store will buy something.C) Estimate the probability that a person who walks by the store will come in and buy something.D) Estimate the probability that a person who comes into the store will buy nothing.

Answer 1

Answer:

John's Computer Software Store

A) Probability that a person who walks by the store will enter the store:

= 41%

B) The probability that a person who walks into the store will buy something:

= 45%

C) The probability that a person who walks by the store will come in and buy something:

= 18%

D) The probability that a person who comes into the store will buy nothing:

= 55%

Step-by-step explanation:

a) Data and Calculations:

Number of people who walked by the store yesterday = 137

Number of those who came into the store = 56

Number of people who came into the store and bought something = 25

Number of people who came into the store and bought nothing = 31 (56 - 25)

A) Probability that a person who walks by the store will enter the store:

= 56/137

= 0.4087

= 0.41

= 41%

B) The probability that a person who walks into the store will buy something:

= 25/56

= 0.4464

= 0.45

= 45%

C) The probability that a person who walks by the store will come in and buy something:

= 56/137 * 25/56

= 0.41 * 0.45

= 0.1845

= 0.18

= 18%

D) The probability that a person who comes into the store will buy nothing:

= 31/56

= 0.5536

= 0.55

= 55%