(4) In a certain community, 30% of the population has graduated from college, and 20% of the population has graduated from college and also owns their home. What is the probability that a person selected at random owns their home, given that they have a college degree?

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 4E
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(4) In a certain community, 30% of the population has graduated from college, and 20%
of the population has graduated from college and also owns their home. What is the
probability that a person selected at random owns their home, given that they have
a college degree?
Transcribed Image Text:(4) In a certain community, 30% of the population has graduated from college, and 20% of the population has graduated from college and also owns their home. What is the probability that a person selected at random owns their home, given that they have a college degree?
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