Questions
MGMT 101 LEC ONL: MANA... Study Checkpoint 9: Decision Analysis II
Single choice
A recent survey asked 1000 people of different ages to express their preference between traditional shopping and online shopping. The resulting data are presented below. Given this data, what is the (empirical) probability that a particular respondent is Gen X given they are an online shopper? Note: Round probabilities to 2 decimal places.
Options
A.0.17
B.0.34
C.0.50
D.0.67
E.0.84
F.None of the answers are correct.

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Step-by-Step Analysis
The question asks for the empirical probability that a respondent is Gen X given that they are an online shopper, i.e., P(Gen X | Online). This is computed as the number of Gen X online shoppers divided by the total number of online shoppers.
Option-by-option analysis:
- Option 0.17: If this were the computed ratio, it would mean Gen X online shoppers are 17% of all online shoppers. To assess its validity, we would need the actual counts: Gen X among online shoppers div......Login to view full explanationLog in for full answers
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