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According to a survey of American households, the probability that the residents own two cars if annual household income is over $50,000 is 80%. Of
According to a survey of American households, the probability that the residents own two cars if annual household income is over $50,000 is 80%. Of the households surveyed, 60% had incomes over $50,000 and 70% had two cars. The probability that the residents of a household do not own two cars and have an income over $50,000 a year is?
can you please show me the math on this? this is all I can figure out from this problem. I'm not even sure which formula I'm supposed to be using
P(over 50K)= .60
P(2cars)= .70
P(2cars | over 50K)= .80
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