What is the probability that a hospital patient

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1. A hospital's financial reimbursement payor mix indicates that 30% of the patients have Medicare and 20% have Medicaid. Of those that have Medicare, there is a 10% chance they also have Medicaid. What is the probability that a hospital patient has both Medicare and Medicaid?

2. A hospital's financial reimbursement payor mix indicates that 25% of the patients have Medicare and 10% have Medicaid. Of those that have Medicare, there is a 5% chance they also have Medicaid. What is the probability that a hospital patient has both Medicare and Medicaid?

Reference no: EM132342751

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