A U.S. pharmaceutical company is considering manufacturing and marketing a pill that will help to lower both
Question:
A U.S. pharmaceutical company is considering manufacturing and marketing a pill that will help to lower both an individual€™s blood pressure and cholesterol. The company is interested in understanding the demand for such a product. The joint probabilities that an adult American man has high blood pressure and/or high cholesterol are shown in the table.
a) What€™s the probability that an adult American male has both conditions?
b) What€™s the probability that an adult American male has high blood pressure?
c) What€™s the probability that an adult American male with high blood pressure also has high cholesterol?
d) What€™s the probability that an adult American male has high blood pressure if it€™s known that he has high cholesterol?
Step by Step Answer:
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman