An insurance company issues policies of two types - 20% are of type A and the remainder are of type B. For the type A policies, 42% of the policyholders are female, while for type B policies, 34% of policyholders are male. If a policy is selected at random from those held by females, what is the probability that it is a type A policy?
An insurance company issues policies of two types - 20% are of type A and the remainder are of type B. For the type A policies, 42% of the policyholders are female, while for type B policies, 34% of policyholders are male. If a policy is selected at random from those held by females, what is the probability that it is a type A policy?
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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If a policy is selected at random from those held by females, what is the

Transcribed Image Text:An insurance company issues policies of two types -
20% are of type A and the remainder are of type B.
For the type A policies, 42% of the policyholders are
female, while for type B policies, 34% of policyholders
are male.
If a policy is selected at random from those held by
females, what is the probability that it is a type A
policy?
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