Answered step by step
Verified Expert Solution
Question
1 Approved Answer
According to a survey of households in a particular country, the probability that the residents own 2 cars if their annual household income is over
According to a survey of households in a particular country, the probability that the residents own 2 cars if their annual household income is over $50,000 is 80%. Of the $50,000 a year. households surveyed, 60% had incomes over $50,000 and 70% had 2 cars. Find the probability that the residents of a household own 2 cars and have an income over O A. 0.48 O B. 0.22 O C. 0.12 OD. 0.18
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