According to The National Crime Victimization Survey (December 2010), published by the U.S. Department of Justice, about 11.7 million people were victims of identity theft over the past 2 years. This number represents 5% of all persons age 16 or older in the United States. Of these victims, 53% reported that the identity theft occurred from the unauthorized use of a credit card. Consider a randomly selected person of age 16 or older in the United States.
a. What is the probability that this person was a victim of identity theft?
b. What is the probability that this person was a victim of identity theft that occurred from the unauthorized use of a credit card?