A public interest group was planning to make a court challenge to auto insurance rates in one
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A public interest group was planning to make a court challenge to auto insurance rates in one of three cities: A (Atlanta), B (Baltimore), or C (Cleveland). The probability that it would choose Atlanta was 0.40; Baltimore was 0.35; Cleveland was 0.25. The group also knew that it had a 45 percent chance of a favorable ruling if it chose Atlanta, a 60 percent chance if it chose Baltimore, and a 35 percent chance if it chose Cleveland. If the group did receive a favorable ruling, which city did it most likely choose?
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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