A total of 500 married working couples were polled about their annual salaries, with the fol-lowing information resulting:husbandhusbandless thanmore than$125, 000 $125, 000wifeless than $125, 000212198wife more than $125, 0003654For instance, in 36 of the couples the wife earned more and then husband earned less than $125,000. If a couple is chosen at random:What is the conditional probability that the wife earns more than $125,000, given thatthe husband earns more than this amount?

Here use given contingency table for probability Here total = 500

Answered: What is the conditional probability…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

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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What is the conditional probability that the wife earns more than $125,000, given that the husband earns more than this amount?