14. Suppose that the probability that Bob will go downtown is 45%. Now, also suppose that if Bob goes downtown, then the probability that he will stop by a coffee shop is 68%. Find the probability that Bob will go downtown and stop at a coffee shop. A. 0.306 B. 0.326 C. 0.346 D. 0.366

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**Problem 14: Calculating Joint Probability**

Suppose that the probability that Bob will go downtown is 45%. Now, also suppose that if Bob goes downtown, the probability that he will stop by a coffee shop is 68%. Find the probability that Bob will go downtown and stop at a coffee shop.

**Options:**

A. 0.306  
B. 0.326  
C. 0.346  
D. 0.366  

To solve the problem, use the formula for joint probability:

\[ P(A \text{ and } B) = P(A) \times P(B|A) \]

Where:
- \( P(A) \) is the probability that Bob goes downtown.
- \( P(B|A) \) is the probability that Bob stops at a coffee shop given that he goes downtown.

Substitute the given probabilities:

\[ P(A \text{ and } B) = 0.45 \times 0.68 = 0.306 \]

Thus, the probability that Bob will go downtown and stop at a coffee shop is **0.306**. The correct answer is **A**.
Transcribed Image Text:**Problem 14: Calculating Joint Probability** Suppose that the probability that Bob will go downtown is 45%. Now, also suppose that if Bob goes downtown, the probability that he will stop by a coffee shop is 68%. Find the probability that Bob will go downtown and stop at a coffee shop. **Options:** A. 0.306 B. 0.326 C. 0.346 D. 0.366 To solve the problem, use the formula for joint probability: \[ P(A \text{ and } B) = P(A) \times P(B|A) \] Where: - \( P(A) \) is the probability that Bob goes downtown. - \( P(B|A) \) is the probability that Bob stops at a coffee shop given that he goes downtown. Substitute the given probabilities: \[ P(A \text{ and } B) = 0.45 \times 0.68 = 0.306 \] Thus, the probability that Bob will go downtown and stop at a coffee shop is **0.306**. The correct answer is **A**.
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