Question: Given the probabilities in Exercise 12, what is the probability that a person is younger than 50 given that she uses online banking? Has the
In Exercise 12
Suppose that the information in Exercise 10 had been presented in the following way. A national survey of bank customers finds that 40% are younger than 50. Of those younger than 50, 5 of 8 conduct their banking online. Of those older than 50, only 1 of 12 banks online.
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