Suppose 27% of all college students are business majors; 27% of all college  students are women; but 34% of business majors are women What percent of college students are female business majors? Round your answer to three decimal places.

A First Course in Probability (10th Edition)
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Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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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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Suppose 27% of all college students are business majors; 27% of all college 
students are women; but 34% of business majors are women
What percent of college students are female business majors? Round your answer to three decimal places.
 
Expert Solution
Step 1

From the provided information,

P (business major) = 0.27

P (women) = 0.27

P (business major| women) = 0.34

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