At a bakery, a customer with a purchase amount of under $20 has a probability of 0.35 of using a credit card for the purchase, while a customer with a purchase amount of $20 or over has a probability of 0.6 of using a credit card for the purchase. Data shows that 80 % of purchases at the bakery are under $20. Given that a customer uses a credit card for a purchase, find the probability that the purchase amount was $20 or over. Give the probability as a decimal, and if rounding give to 4 decimal places.
At a bakery, a customer with a purchase amount of under $20 has a probability of 0.35 of using a credit card for the purchase, while a customer with a purchase amount of $20 or over has a probability of 0.6 of using a credit card for the purchase. Data shows that 80 % of purchases at the bakery are under $20. Given that a customer uses a credit card for a purchase, find the probability that the purchase amount was $20 or over. Give the probability as a decimal, and if rounding give to 4 decimal places.
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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At a bakery, a customer with a purchase amount of under $20 has a
Given that a customer uses a credit card for a purchase, find the probability that the purchase amount was $20 or over.
Give the probability as a decimal, and if rounding give to 4 decimal places.
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