Given the probabilities in Exercise 12, what is the probability that a person is younger than 50
Question:
In Exercise 12
Suppose that the information in Exercise 10 had been presented in the following way. A national survey of bank customers finds that 40% are younger than 50. Of those younger than 50, 5 of 8 conduct their banking online. Of those older than 50, only 1 of 12 banks online.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Stats Data And Models
ISBN: 662
4th Edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
Question Posted: