15. Madison invested in a certificate of deposit for 4 years at a 6% interest rate. At the end of the 4 years, the value
1 answer:
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Solution :
We have given two baskets :
: 8 apples + 2 bananas + 6 cantaloupes = 16 fruits
: 6 apples + 4 bananas = 10 fruits
A fair coin is made to flipped. If the results is head, then the fruit is selected from a basket
.
If the flip results in tail, then the fruit is selected from the basket .
Probability of head P(H) =
Probability of tail P(T) =
if given event is :
B = selected fruit is BANANA
We have to calculate : P(T|B)
Probability of banana if the flip results is head P(B|H) =
Probability of banana if the flip results is tail P(B|T) =
From the Bayes' theorem :
Probability of flip results is tail when selected fruit is BANANA.
∴