The manager of a used car lot took inventory of the automobiles on his lot and...

 

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The manager of a used car lot took inventory of the automobiles on his lot and constructed the following table based on the age of his car and its make (foreign or domestic). A car was randomly selected from the lot. Given that the car selected was a domestic car, what is the probability that it was older than 2 years? Make 0-2 3-5 30 27 57 Foreign 40 Domestic 45 Total 85 Age of Car (in years), 6-10 10 11 21 over 10 20 17 37 Total 100 100 200 The manager of a used car lot took inventory of the automobiles on his lot and constructed the following table based on the age of his car and its make (foreign or domestic). A car was randomly selected from the lot. Given that the car selected was a domestic car, what is the probability that it was older than 2 years? Make 0-2 3-5 30 27 57 Foreign 40 Domestic 45 Total 85 Age of Car (in years), 6-10 10 11 21 over 10 20 17 37 Total 100 100 200

Answer rating: 100% (QA)

SOLUTION The table shows the joint probabilities of the age of the car and its make To find the prob... View the full answer