An insurance company issues policies of two types - 20% are of type A and the remainder are of type B. For the type A policies, 36% of the policyholders are female, while for type B policies, 16% of policyholders are male. If a policy is selected at random from those held by females, what is the probability that it is a type A policy?
An insurance company issues policies of two types - 20% are of type A and the remainder are of type B. For the type A policies, 36% of the policyholders are female, while for type B policies, 16% of policyholders are male. If a policy is selected at random from those held by females, what is the probability that it is a type A policy?
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.3: Conditional Probability; Independent Events; Bayes' Theorem
Problem 6E: If two fair dices are rolled, find the probabilities of the following results. A sum of 6, given...
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An insurance company issues policies of two types - 20% are of type A and the remainder are of type B.
For the type A policies, 36% of the policyholders are female, while for type B policies, 16% of policyholders are male.
If a policy is selected at random from those held by females, what is the probability that it is a type A policy?
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