A newspaper vendor notes that his profit for the day is more than $100 with aprobability of 0.7 on a working day, 0.8 on a weekend (Saturday or Sunday), and 0.9on a statutory holiday (for example, Civic Holiday or Labour Day).In the week beginning with Labour Day, there are 4 working days, 2 weekend days,and 1 statutory holiday. A day is chosen at random from this week. If it is known thatthe vendor's profit for the chosen day is more than $100, what is the probability thatthe day is a working day?O 0.75710.40.52830.60.4717

Let us define some events A : it is a working day B : it is a weekend day. C : It is a statutory…

Answered: In the week beginning with Labour Day,…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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In the week beginning with Labour Day, there are 4 working days, 2 weekend days, and 1 statutory holiday. A day is chosen at random from this week. If it is known that the vendor's profit for the chosen day is more than $100, what is the probability that the day is a working day?