1. A marketing team at a leading perfume company is trying to test the market for its newly introduced perfume. In…
1. A marketing team at a leading perfume company is trying to test the market for its newly introduced perfume. In particular the team is trying to investigate the gender and continental differences in the preference for this perfume. They took a random sample of 2400 people internationally and each person in the sample is asked to try the new perfume and indicate his/her preference. The following table summarizes their responses. Preference Gender America Europe Asia Like it Men 50 150 100 Women 350 300 300 Don’t like it Men 300 150 200 Women 100 200 200 a. What is the probability that a randomly selected man likes the perfume?