Hello all,
Here is my question:
We know three things.
1) A store sells three and only three products (Bread, Milk and Cheese).
2) In total the store has sold a quantity of 100, but we don't know what the breakdown is. It could be 30 loaves of bread, 20 slices of cheese and 50 jugs of milk, for example, but we don't know. All we know is that the store has sold a total quantity of 100.
3) The store has only even received 15 orders. Each order could include one product, two, or all three, and we do not know what quantity of each product appeared on each order. It could be that one order was for 5 loaves of bread, 2 cheeses and 1 milk. Another could be just 10 loaves of bread. We don't know. But we know there have been 15 orders so far.
What is the raw probability that Milk will appear on the same order as cheese? In other words, out of the 15 orders we have taken, what percent of them will have both milk and cheese on the order?
John
Here is my question:
We know three things.
1) A store sells three and only three products (Bread, Milk and Cheese).
2) In total the store has sold a quantity of 100, but we don't know what the breakdown is. It could be 30 loaves of bread, 20 slices of cheese and 50 jugs of milk, for example, but we don't know. All we know is that the store has sold a total quantity of 100.
3) The store has only even received 15 orders. Each order could include one product, two, or all three, and we do not know what quantity of each product appeared on each order. It could be that one order was for 5 loaves of bread, 2 cheeses and 1 milk. Another could be just 10 loaves of bread. We don't know. But we know there have been 15 orders so far.
What is the raw probability that Milk will appear on the same order as cheese? In other words, out of the 15 orders we have taken, what percent of them will have both milk and cheese on the order?
John