Find the probability that a person is male given that the person prefers hiking near lakes and streams. Let M= male and L= prefe
1 answer:
Regarding conditional probabilities, the keyword is always given, as a previous event is considered to have happened.
<h3>What is Conditional Probability?</h3>Conditional probability is the probability of one event happening, considering a previous event. The formula is:
In which:
- P(B|A) is the probability of event B happening, given that A happened.
is the probability of both A and B happening.
- P(A) is the probability of A happening.
The previous event having happened is represented by keyword given.
More can be learned about conditional probability at brainly.com/question/14398287
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Answer:
Sales = n ($x + $y)
Step-by-step explanation:
The basic simple sales equation is
Quantity Price = Sales
Here in the given question,
Total quantity of sales = n
Price = Cost + markup
(Markup refers to the profit added to cost)
Thus price = $x (cost) + $y (markup)
Sales = n ($x + $y)
Sales amount is the total amount received from sales of products, total quantity at some price provided.