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According to a recent​ report, 30​% of new businesses in 2013 were started by women and...

According to a recent​ report, 30​% of new businesses in 2013 were started by women and 70​% of new businesses in 2013 were started by men. In​ 2013, 20​% of new businesses started by women had revenues of​ $50,000 and​ above, whereas 29​% of new businesses started by men had revenues of​ $50,000 and above. Complete parts​ (a) and​ (b) below.

a. If a new business started in 2013 is selected at random and the new business had revenues of​ $50,000 and​ above, what is the probability that the new business was started by a​ woman?

​(Round to three decimal places as​ needed.)

b. If a new business started in 2013 is selected at​ random, what is the probability that the new business had revenues of​ $50,000 and​ above?

​(Round to three decimal places as​ needed.

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pin) = 0.3 PIH) = 0 er new Iro 2. O. و2 م زہر (بهرام pl wl SODOO or above ! 0.228 2 x 0.3 0.250.3 + 0.70.29 2 el and abonel=

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