3) Out of 10 Walmart transactions, suppose {Eggs, Bread} are present in 4 transactions, {Eggs, Bread,...
3) Out of 10 Walmart transactions, suppose {Eggs, Bread} are present in 4 transactions, {Eggs, Bread, Milk} are present in 2 transactions. Which of the following is true:
a) 67% of the people who buy Eggs and Bread also buy Milk
b) 33% of the people who buy Eggs and Bread also buy Milk
c) 50% of the people who buy Eggs and Bread also buy Milk
d) 40% of the people who buy Eggs and Bread also buy Milk
Homework Answers
Out of 4 transactions of Eggs and Breads, 2 are with milk so
Percent of people who buy Eggs and Breads also buy milk = 2/4 = 50%
Option C is correct.
Add Answer to:
3) Out of 10 Walmart transactions, suppose {Eggs, Bread} are
present in 4 transactions, {Eggs, Bread,...
As an analyst at Walmart, your job is to observe consumer transactions and help make informed...
As an analyst at Walmart, your job is to observe consumer transactions and help make informed economic decisions. On Day 1 when the per-unit price of bread is $5, 25 are sold. On Day 2 when the per-unit price of bread is $7, 15 are sold. Calculate the elasticity of demand. Please show the work to how you got the answer (a) -2/9 (b) -1 (c) -3/2 (d) -9/4 (e) -5/7
ID Milk Cereal Bread 0 Eggs 0 1 1 1 2 0 1 1 1 3...
ID Milk Cereal Bread 0 Eggs 0 1 1 1 2 0 1 1 1 3 1 1 0 0 4 5 1 1 1 1 1 1 0 1 1 0 1 1 1 1 1 0 1 1 0 1 6 7 8 9 10 11 12 13 14 15 1 0 0 0 1 1 0 1 1 0 1 1 0 0 1 1 0 1 1 1 0 1 1 0 1 1 1 1...
Calculate the monthly return of the stocks of Amazon and Walmart, each, from Jan 4, 2010 to June 4, 2019. (Yahoo Financ...
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1.) Suppose the price elasticity of demand for bread is 2.00. If the price of bread...
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Suppose the demand and supply curves for eggs in the United States are given by the...
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Consider the dataset in the table below: 10 Beer, Nuts, Milk 20 Beer, Coffee, Diapers 30 Beer, Diapers, Eggs, Milk 40 Nuts, Eggs, Milk 50 Beer, Coffee, Milk 60 Diapers, Eggs, Milk 70 Beer, Coffee, Diapers, Eggs 80 Beer, Nuts, Coffee, Diapers, Eggs, Milk and the itemsets with minimum support of 3: {Beer, Diapers, Eggs}. Considering a minimum confidence threshold of 75%, which of the following association rules qualify as strong? Group of answer choices (Select all that apply) 1....
Suppose that the price of a carton of skim milk is expected to fall next month...
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Suppose Martha and Julia both work at a bakery making bread and muffins. In an hour,...
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