Answer: 0.36 or 36%
60%=60/100=0.6
60% is the same as saying 60/100 or 0.6
To solve for the probability of this problem, we have to, multiply the odds of the two separate events together
event1 is a customer that spends more than 75$. The odds of that happening are .6
event 2 is a customer that spends more than 75$. The odds of that happening are .6
probability=event1*event2
probability=.6*.6
probability=.36 or 36%