According to a survey, the probability that a family owns two cars if its annual income is greater than 76,00,000 is 0.75. Of the households surveyed, 60 percent had incomes over 76,00,000 and 52 percent had two cars. What is the probability that a family has two cars and an income over 26,00,000 a year?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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According to a survey, the probability that a family owns two cars if its annual income is
greater than 76,00,000 is 0.75. Of the households surveyed, 60 percent had incomes over
76,00,000 and 52 percent had two cars. What is the probability that a family has two cars and
an income over 26,00,000 a year?
Transcribed Image Text:According to a survey, the probability that a family owns two cars if its annual income is greater than 76,00,000 is 0.75. Of the households surveyed, 60 percent had incomes over 76,00,000 and 52 percent had two cars. What is the probability that a family has two cars and an income over 26,00,000 a year?
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