+ Reply to Thread
Results 1 to 4 of 4

Thread: conditional probability

  1. #1
    Points: 61, Level: 1
    Level completed: 22%, Points required for next Level: 39

    Posts
    1
    Thanks
    0
    Thanked 0 Times in 0 Posts

    conditional probability




    The table below displays data the First Bank of Silverhaven (FBS) has collected on the personal savings accounts of its job-holding customers. The table includes data on the distribution of the number of accounts held by Homeowners vs. Non-Homeowners, and by whether the customer is Self-Employed or is Employed by a firm in which he or she does not have an ownership stake.

    What is the conditional probability that an account-holder is employed by a firm in which he or she does not have an ownership stake, given that the account-holder is a homeowner?

    82.9%
    68.2%
    59.5%
    None of the above.


    Employment Status Homeowner non-Homeowner
    Self-Employed 12% 3%
    Employee 58% 27%

  2. #2
    Points: 2, Level: 1
    Level completed: 3%, Points required for next Level: 48

    Posts
    1
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Re: conditional probability

    I"m looking for this question as well. Did you get any help?

  3. #3
    TS Contributor
    Points: 12,501, Level: 73
    Level completed: 13%, Points required for next Level: 349

    Posts
    951
    Thanks
    0
    Thanked 103 Times in 100 Posts

    Re: conditional probability

    68.2%
    10 chars
    All things are known because we want to believe in them.

  4. #4
    Points: 1,097, Level: 17
    Level completed: 97%, Points required for next Level: 3

    Location
    Philadellphia, PA
    Posts
    68
    Thanks
    1
    Thanked 20 Times in 18 Posts

    Re: conditional probability


    Try filling the rest of this table:

    \begin{tabular}{|l|cr|l|}
\hline
 & Homeowner & Renter & Total\\
\hline
Self-employed & .12 & .03 & .15\\
Employee & .58 & .27 & ? \\
\hline
Total & ? & ? &  1.00\\
\hline
\end{tabular}

+ Reply to Thread

           




Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts






Advertise on Talk Stats