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QUESTION
A survey of 400 consumers revealed the following movie rental preferences: 319 rented from NetflixTM, 236 rented from RedboxTM, and 175 reported...
A survey of 400 consumers revealed the following movie rental preferences: 319 rented from NetflixTM, 236 rented from RedboxTM, and 175 reported renting from both.
(a) What is the probability that a randomly selected consumer rented from neither NetflixTM nor RedboxTM? Show work.
(b) Let N = {consumers who rent from NetflixTM} and R = {consumers who rent from RedboxTM}. Determine the number of consumers belonging to each of the regions I, II, III, IV.
