Solution of conditional probability

Reference no: EM1399133

Let A be the event that a student is enrolled in an accounting course, and let S be the event that a student is enrolled in a statistics course. It is known that 30% of all students are enrolled in an accounting course and 40% of all students are enrolled in statistics. Included in these numbers are 15% who are enrolled in both statistics and accounting. A student is randomly selected, and it is found that the student is enrolled in accounting. What is the probability that this student is also enrolled in statistics?

Reference no: EM1399133

Questions Cloud

Describing probabilities and conditional probabilities : The availability of venture capital provided by big boost in funds available to companies recent years. According to Venture Economics, 2,000 venture capital disbursements were made in 1999.

Illustrate what is the npv if the project costs given : Illustrate what is the NPV if the project costs $1,500 and returns 800 in a year 1 and 850 in year 2 Assume the project's cost of capital is 8 percent?

List in chronological order five major discoveries : List in chronological order five major discoveries or developments in molecular biology and bioinformatics since the early 1950's, which you consider responsible for the current state of these fields. Provide a brief explanation for each of your c..

What is the concentration of unknown hcl solution : it is observed that a volume of 29.15 mL of KOH was neede to complete the process of titration. Determine what is the concentration of this unknown HCl solution?

Solution of conditional probability : Let A be the event that a student is enrolled in an accounting course, and let S be the event that a student is enrolled in a statistics course.

Explain how would your recommendations improve performance : Explain how would your recommendations improve performance, illustrate what could the management team do to promote diversity within the organization and comprise Explain how you believe this would improve the overall organization effectiveness.

Formulate an mip model : The Toys-R-4-U Company has developed two new toys for possible inclusion in its product line. Setting up the production facilities to begin production would cost $50,000 for toy 1.

Incandescent lightbulb : Calculate how many such photons are emitted per second by a 80.0-W incandescent lightbulb if we Assume that the light has an average wavelength = 510.0 nm, .

T-value of the test statistic : To test the null hypothesis that the mean waist size for males under 40 years equals 34 inches versus the hypothesis that the mean differs from 34, the following data were collected: 33, 33, 30, 34, 40, 35, 35, 32, 32, 34, 36, 30 calculate the T-v..

User Account

All Pages