Questions: Use the percentage of 18-49 year olds who agree with the statement "I would buy this product" to calculate the sales potential for a target population of 640,000 18-49 year olds.
Age (years)
18-49 50+
Agree 14 30
Somewhat Agree 10 20
Somewhat Disagree 6 45
Disagree 2 25
[?] people
Transcript text: Use the percentage of 18-49 year olds who agree with the statement "I would buy this product" to calculate the sales potential for a target population of 640,000 18-49 year olds.
\begin{tabular}{|l|c|c|}
\hline \multirow{2}{*}{} & \multicolumn{2}{|c|}{ Age (years) } \\
\cline { 2 - 3 } & $\mathbf{1 8 - 4 9}$ & $\mathbf{5 0 +}$ \\
\hline Agree & 14 & 30 \\
\hline Somewhat Agree & 10 & 20 \\
\hline Somewhat Disagree & 6 & 45 \\
\hline Disagree & 2 & 25 \\
\hline
\end{tabular}
[?] people
Solution
Solution Steps
Step 1: Calculate Total Percentage of Agreement
To determine the total percentage of 18-49 year olds who agree with the statement "I would buy this product," we sum the percentages of those who agree and somewhat agree: