A company that manufactures video cameras produces a basic model and a deluxe model. Over the past
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A company that manufactures video cameras produces a basic model and a deluxe model. Over the past year, 40% of the cameras sold have been the basic model. Of those buying the basic model, 30% purchase an extended warranty, whereas 50% of all purchasers of the deluxe model buy an extended warranty. If you learn that a randomly selected purchaser bought an extended warranty, what is the probability that he or she has a basic model?
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Related Book For
Introduction To Statistics And Data Analysis
ISBN: 9780495118732
3rd Edition
Authors: Roxy Peck, Chris Olsen, Jay L. Devore
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