(Solved by Humans)-A computer firm offers rebates on their products. 30% of the

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Type of Paper:

Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Question

  1. A computer firm offers rebates on their products. 30% of the customers bought products priced under $300. Of the customers who bought products priced below $300, 40% of customers file for their rebate. Finally, 40% of the customers who bought ANY produce filed for a rebate. What is the probability that a customer chosen at random bought a product priced over $300 or filed for a rebate? (please round your answer to 2 decimal places)


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