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16. The owner of an appliance store is interested in the relation- ship between the price at which an item is sold e (regular or sale price) and the customers decision on whether he to purchase and extended waranty. After analyzing her st. me records, she produced the following joint probabilities: PurchasedDid not purchase extended warranty extended warranty Regular Price 0.21 0.51 0.18 Sale Price0.1 A. What is the probability that a customer who bought an Probability item at the regular price purchased the extended warranty? B. What is the probability that a customer buys an extended Probability 17. An aerospace company has submitted bids on two warranty? separate federal government defense contracts. The company president believes that there is a 40% probability of winning the first con- tract. If they win the first contract, the probability of winning the second is 65%. However, if they lose the first contract, the pres- ident thinks thot 2
Moving to the next question prevents changes to this answer Question t For 2 events A and B, where P(A) = .5, If P(A/B戶.2, find P(A n B) P(B) = .2 a. 0.9 s b. 0.04 c. 0.005 d.0.05 D e, 0.15 Moving to the next question prevents changes to this answer.
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