Q7. A company that manufactures video cameras produces a basic model and a deluxe model. Over the past year, 40% of the cameras sold have been of the basic model. Of those buying the basic model, 30%purchase an extended warranty, whereas 50% of all deluxe purchases do so. Given that a randomly selected purchaser has an extended warranty, how likely is it that he or she has a basic model?

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Q7. A company that manufactures video cameras produces a basic model and a deluxe model. Over
the past year, 40% of the cameras sold have been of the basic model. Of those buying the basic
model, 30%purchase an extended warranty, whereas 50% of all deluxe purchases do so. Given
that a randomly selected purchaser has an extended warranty, how likely is it that he or she has a
basic model?
Transcribed Image Text:Q7. A company that manufactures video cameras produces a basic model and a deluxe model. Over the past year, 40% of the cameras sold have been of the basic model. Of those buying the basic model, 30%purchase an extended warranty, whereas 50% of all deluxe purchases do so. Given that a randomly selected purchaser has an extended warranty, how likely is it that he or she has a basic model?
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