Question
A bank has 3 branches: A, B, and C. Branch A does 50% of the business, branch B does 30% of the business, and branch
A bank has 3 branches: A, B, and C. Branch A does 50% of the business, branch B does 30% of the business, and branch C does 20% of the business. If someone goes to branch A, the chance they are depositing money is 20%. If someone goes to branch B, the chance they are depositing money is 40%. If someone goes to branch C, the chance they are depositing money is 60%.
What is the chance that a randomly selected person didn't deposit money if you know they went to branch A?CHOOSE THE CLOSEST NUMBER
.60
.40
.80
.20
What is the chance that someone deposited money at any of these branches? CHOOSE THE CLOSEST ANSWER.
70%
10%
30%
50%
Suppose someone deposited money at a branch. Which branch were they most likely at?
C
A or C
All are equally likely
A or B
B
B or C
A
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started