What is the future value of $1400 saved at i=11.41%, compounded annually in 1 year?
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Using conditional probability, it is found that there is a 0.1165 = 11.65% probability that a person with the flu is a person who received a flu shot.
Conditional Probability
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.
In this problem:
- Event A: Person has the flu.
- Event B: Person got the flu shot.
The percentages associated with getting the flu are:
- 20% of 30%(got the shot).
- 65% of 70%(did not get the shot).
Hence:
The probability of both having the flu and getting the shot is:
Hence, the conditional probability is:
0.1165 = 11.65% probability that a person with the flu is a person who received a flu shot.
To learn more about conditional probability, you can take a look at brainly.com/question/14398287