During a year ending April 30 of that year, there were approximately 5.0 million sales of existing homes in the United States, of which 1.1 million were sold in the West. During April of that year there were a total of 410,000 existing homes sold in the United States, of which 130,000 were sold in the West. (Round your answers to two decimal places.) (a) Find the probability that a home sale in the year ending April 30 of that year, took place in the West, given that the home was sold during April of that year. (b) Find the probability that a home sale in the year ending April 30 of that year, took place in April of that year, given that it took place in the West.
During a year ending April 30 of that year, there were approximately 5.0 million sales of existing homes in the United States, of which 1.1 million were sold in the West. During April of that year there were a total of 410,000 existing homes sold in the United States, of which 130,000 were sold in the West. (Round your answers to two decimal places.) (a) Find the probability that a home sale in the year ending April 30 of that year, took place in the West, given that the home was sold during April of that year. (b) Find the probability that a home sale in the year ending April 30 of that year, took place in April of that year, given that it took place in the West.
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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During a year ending April 30 of that year, there were approximately 5.0 million sales of existing homes in the United States, of which 1.1 million were sold in the West. During April of that year there were a total of 410,000 existing homes sold in the United States, of which 130,000 were sold in the West. (Round your answers to two decimal places.)
(a)
Find the probability that a home sale in the year ending April 30 of that year, took place in the West, given that the home was sold during April of that year.
(b)
Find the probability that a home sale in the year ending April 30 of that year, took place in April of that year, given that it took place in the West.
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