What is the probability that firm is male-owned firm

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Ownership of small businesses. According to the Journal of Business Venturing (Vol. 17, 2002), 27% of all small businesses owned by non-Hispanic whites nationwide are women-owned firms. If we select, at random, a small business owned by a non-Hispanic white, what is the probability that it is a male-owned firm?

Reference no: EM13133073

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