Probability of increase in online holiday sales


Assignment:

The projected probability of increase in online holiday sales from 2004 to 2005 is 95% in the United States, 90% in Australia, and 85% in Japan. Assume these probabilities are independent. What is the probability that holiday sales will increase in all three countries from 2004 to 2005?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Basic Statistics: Probability of increase in online holiday sales
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