Using the Census data in problem 1, above, the OH Registry of Motor Vehicles reveal the following
Question:
Using the Census data in problem 1, above, the OH Registry of Motor Vehicles reveal the following about the Autos owned by the 10 families residing in Smallville, OH:
4-Wheel Drive
Made in America No Yes
Yes 6 5
No 7 12
If one Auto is selected at random for inspection by the OH Registry, what is the probability of the following?
1) It was made in America?
2) It was made in America and is 4-Wheel Drive?
3) It was made in America or is 4-Wheel Drive?
4) It was made in America given it is 4-Wheel Drive?
5) It was not made in America?
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Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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