The Merrilee Brokerage House studied two groups of industries (computers and petroleum) and rated them as low risks or high risks, as shown. Industry Low High Computers 10 5 Petroleum 15 20 If a person selected one of these stocks at random (that is, each stock had probability of being selected), find the probability that the person selected a computer stock, given that the person selected a low- risk stock. (Enter your probability as a fraction.)

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Chapter1: Combinatorial Analysis
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The Merrilee Brokerage House studied two groups of industries (computers and petroleum) and rated them as low risks or high risks, as shown.

| Industry  | Low | High |
|-----------|-----|------|
| Computers | 10  | 5    |
| Petroleum | 15  | 20   |

If a person selected one of these stocks at random (that is, each stock had a probability of \(\frac{1}{50}\) of being selected), find the probability that the person selected a computer stock, given that the person selected a low-risk stock. (Enter your probability as a fraction.)

\[ \text{Probability: } \_\_\_\_ \]
Transcribed Image Text:The Merrilee Brokerage House studied two groups of industries (computers and petroleum) and rated them as low risks or high risks, as shown. | Industry | Low | High | |-----------|-----|------| | Computers | 10 | 5 | | Petroleum | 15 | 20 | If a person selected one of these stocks at random (that is, each stock had a probability of \(\frac{1}{50}\) of being selected), find the probability that the person selected a computer stock, given that the person selected a low-risk stock. (Enter your probability as a fraction.) \[ \text{Probability: } \_\_\_\_ \]
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