4 percent of a certain company's life insurance policy holders are smokers. For each nonsmoker the probability of dying during the year is 0.014. For each smoker the probability of dying during the year is 0.03. Find the probability that a policy holder who died last year was a smoker.

4 percent of a certain company's life insurance policy holders are smokers. For each nonsmoker the probability of dying during the year is 0.014. For each smoker the probability of dying during the year is 0.03. Find the probability that a policy holder who died last year was a smoker.

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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4 percent of a certain company's life insurance policy holders are smokers. For each nonsmoker the probability of dying during the year is 0.014. For each smoker the probability of dying during the year is 0.03.
Find the probability that a policy holder who died last year was a smoker.

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