The given equation is
And we have to solve for y.
Solving for y, means isolating y . And to isolate y, we need to get rid of 4 that is with y .
It means we have to separate 4 from y, and for separation , we have to perform division. That is, we have to divide both sides by 4, and that will be the next step .
So out of the four options, correct option is the last option .
Answer:
24/35, about 69%
Step-by-step explanation:
The data given can be put into a 2-way table (attached). It shows that 0.48 of all calls were answered and resulted in a mortgage application. Altogether, 0.70 of all calls resulted in a mortgage application. Thus the conditional probability of interest is ...
p(spoke to attendant | applied for a mortgage) = p(spoke & applied)/p(applied)
= 0.48/0.70 = 24/35 ≈ 69%
