Imagine that you are planning to estimate the price of the average book at your college bookstore. The bookstore carries 13,000
1 answer:
You might be interested in
Answer: a) 0.0792 b) 0.264
Step-by-step explanation:
Let Event D = Families own a dog .
Event C = families own a cat .
Given : Probability that families own a dog : P(D)=0.36
Probability that families own a dog also own a cat : P(C|D)=0.22
Probability that families own a cat : P(C)= 0.30
a) Formula to find conditional probability :
(1)
Similarly ,
Hence, the probability that a randomly selected family owns both a dog and a cat : 0.0792
b) Again, using (2)
Hence, the conditional probability that a randomly selected family owns a dog given that it owns a cat = 0.264