The cost of a ravens hat is $24 . The store is selling it $30 What is the markup rate of the hat
1 answer:
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Answer:
0.579 is the probability that a household has a VCR given they have a TV.
Step-by-step explanation:
We are given the following in the question:
Probability of all households have a TV = 88% = 0.88
Probability of all households have a TV and VCR = 51% = 0.51
We have to find the probability that a household has a VCR given they have a TV.
The conditional probability is given by:
0.579 is the probability that a household has a VCR given they have a TV.