company that manufactures video cameras produces a basic model and a deluxe model. Over the past year, 48% of the cameras sold have been of the basic model. Of those buying the basic model, 32% purchase an exte hereas 50% of all deluxe purchasers do so. If you learn that a randomly selected purchaser has an extended warranty, how likely is it that he or she has a basic model? (Round your answer to four 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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A company that manufactures video cameras produces a basic model and a deluxe model. Over the past year, 48% of the cameras sold have been of the basic model. Of those buying the basic model, 32% purchase an extended warranty,
whereas 50% of all deluxe purchasers do so. If you learn that a randomly selected purchaser has an extended warranty, how likely is it that he or she has a basic model? (Round your answer to four decimal places.)
Transcribed Image Text:A company that manufactures video cameras produces a basic model and a deluxe model. Over the past year, 48% of the cameras sold have been of the basic model. Of those buying the basic model, 32% purchase an extended warranty, whereas 50% of all deluxe purchasers do so. If you learn that a randomly selected purchaser has an extended warranty, how likely is it that he or she has a basic model? (Round your answer to four decimal places.)
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