A home is prosperous if its income exceeds $ 100,000. A household is educated if at least one of the household heads completed college. Select an American household at random and let A be the event that the selected household is prosperous and B the event that it is educated. According to the Current Population Survey, P (A) = 0.138, P (B) = 0.261, and the probability that a household is prosperous and educated is P (AyB) = 0.082. What is the probability that a home is educated, given that it is prosperous? Select one: a. 0.3141 b. 0.6 c. 0.594 d. 0.5287

A home is prosperous if its income exceeds $ 100,000. A household is educated if at least one of the household heads completed college. Select an American household at random and let A be the event that the selected household is prosperous and B the event that it is educated. According to the Current Population Survey, P (A) = 0.138, P (B) = 0.261, and the probability that a household is prosperous and educated is P (AyB) = 0.082. What is the probability that a home is educated, given that it is prosperous? Select one: a. 0.3141 b. 0.6 c. 0.594 d. 0.5287

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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