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A company that manufactures video camera produces a basic and deluxe model, over the past year 40% of the cameras sold have been of the basic model. Of those buying the basic model 30% purchase an extended warranty, whereas 50% of all deluxe purchasers do so.If you learn that a radomly selected purchaser has an extended warranty how likely is it that he or she has a basic model?My Answer: .286 or 28.6%I got that using his.. P(B | A) = P(B and A)/ P(A)forB=has basic modelA=has extendd warrantyso .12/.42=.286is this right?
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