Answer: b: 0.16
Step-by-step explanation:
The data we have is:
The probability that a car buyer will pick the color blue is 0.25
The probability that a car buyer will pick the color blue and get a speeding ticket in the first year is 0.04
Then we have:
P(blue car) = 0.25
P(ticket in first year) = X
If there is no relation between those two things, the joint probability is:
P(blue car)*P(ticket in first year) = 0.04
X = P(blue car)*P(ticket in first year) /P(blue car) = 0.04/0.25 = 0.16
The correct option is b: 0.16
