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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Marketing: Toys USA Today gave the information shown in the table about ages of children receiving toys. The percentages represent all toys sold. What is the probability that a toy is purchased for someone
(a) 6 years old or older?
(b) 12 years old or younger?
(c) between 6 and 12 years old?
(d) between 3 and 9 years old?
Interpretation A child between 10 and 12 years old looks at this probability distribution and asks, “Why are people more likely to buy toys for kids older than I am [13 and over] than for kids in my age group [10–12]?” How would you respond?
|
Age (years) |
Percentage of Toys |
|
2 and under |
15% |
|
3–5 |
22% |
|
6–9 |
27% |
|
10–12 |
14% |
|
13 and over |
22% |
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