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 20 15 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.) 50
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 20 15 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.) 50
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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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 20 15
1
If a person selected one of these stocks at random (that is, each stock had probability of being selected), find the probability that
50
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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