You invest $600 in an account that has a annual interest rate of 7%, compounded quarterly for four years. What is the equivalent
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Answer:
Probability that the respondent has a pet given that the respondent has had a pet is or 0.46.
Step-by-step explanation:
We are given the following results below;
37% have a pet now and have had a pet.
63% do not have a pet now.
81% have had a pet.
19% do not have a pet now and have never had a pet.
Let event B = respondent has a pet now
Now, Probability that the respondent has had a pet = P(A) = 0.81
Probability that the respondent has a pet now and has had a pet = = 0.37
So, Probability that the respondent has a pet given that the respondent has had a pet is given by = P(B/A)
<u>This conditional probability is solved as ;</u>
P(B/A) =
= = 0.46.
Answer:
first create a bracket:
then solve the first bracket:
then open the remaining bracket:
carryout the subtraction operation: