Consider the following to answer the question(s) below:
The option to buy extended warranties is commonplace with most electronics purchases. Does the type of purchase affect a consumer's willingness to pay extra for an extended warranty? Data for 420 consumers who purchased digital cameras and laptop computers from a leading electronics retailer are summarized in the table.
-Of those who made a purchase, the percentage of those who chose the warranty is
A) 41.67% (175/420).
B) 7.14% (30/420).
C) 17.14% (30/175).
D) 82.86% (145/175).
E) 71.43% (175/245).

Question

Consider the following to answer the question(s) below:
The option to buy extended warranties is commonplace with most electronics purchases. Does the type of purchase affect a consumer's willingness to pay extra for an extended warranty? Data for 420 consumers who purchased digital cameras and laptop computers from a leading electronics retailer are summarized in the table. 
-Of those who made a purchase, the percentage of those who chose the warranty is
A) 41.67% (175/420). 
B) 7.14% (30/420). 
C) 17.14% (30/175). 
D) 82.86% (145/175). 
E) 71.43% (175/245).

Quizplus · Accepted Answer

The Answer of Consider the following to answer the question(s) below:
The option to buy extended warranties is commonplace with most electronics purchases. Does the type of purchase affect a consumer's willingness to pay extra for an extended warranty? Data for 420 consumers who purchased digital cameras and laptop computers from a leading electronics retailer are summarized in the table. 
-Of those who made a purchase, the percentage of those who chose the warranty is
A) 41.67% (175/420). 
B) 7.14% (30/420). 
C) 17.14% (30/175). 
D) 82.86% (145/175). 
E) 71.43% (175/245).

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