The table below appeared in Exercise 5. It shows the year-to-year US sales trends îor fve auto
Question:
You plan to randomly choose one company from the group. Find the following probabilities:
a. The conditional probability that the sales trend is down for the company, given that the company is headquartered in Japan.
b. The conditional probability that the company selected has a US headquarters, given that the sales trend for the company is down.
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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