(CO 2) Consider the table below. Profit Urban location 50 Rural location 61 Total 111 Loss 38 94 132 O 39.4% O 45.7% O 55.0% O 51.4% Total 88 155 243 Find the probability that a randomly selected location is going to be profitable, given that it is in a rural location.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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(CO 2) Consider the table below.
Profit
50
61
111
Urban location
Rural location
Total
39.4%
Find the probability that a randomly selected location is going to
be profitable, given that it is in a rural location.
45.7%
55.0%
Loss
38
94
132
51.4%
Total
88
155
243
Transcribed Image Text:(CO 2) Consider the table below. Profit 50 61 111 Urban location Rural location Total 39.4% Find the probability that a randomly selected location is going to be profitable, given that it is in a rural location. 45.7% 55.0% Loss 38 94 132 51.4% Total 88 155 243
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