An accounting firm summarises their clients in terms of the sector and the number of them that sent late tax returns in the following table: Sector Number sending late returns Number on time Total number of clients Health 2 13 15 Real estate 5 73 78 Retail 5 52 57 Other 30 97 127 Total 42 235 277 An account is chosen at random. What is the probability that it is from the Retail sector and had an on-time return? Give your answer to 2 decimal places.
An accounting firm summarises their clients in terms of the sector and the number of them that sent late tax returns in the following table: Sector Number sending late returns Number on time Total number of clients Health 2 13 15 Real estate 5 73 78 Retail 5 52 57 Other 30 97 127 Total 42 235 277 An account is chosen at random. What is the probability that it is from the Retail sector and had an on-time return? Give your answer to 2 decimal places.
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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An accounting firm summarises their clients in terms of the sector and the number of them that sent late tax returns in the following table:
| Sector | Number sending late returns | Number on time | Total number of clients |
| Health | 2 | 13 | 15 |
| Real estate | 5 | 73 | 78 |
| Retail | 5 | 52 | 57 |
| Other | 30 | 97 | 127 |
| Total | 42 | 235 | 277 |
An account is chosen at random. What is the probability that it is from the Retail sector and had an on-time return?
Give your answer to 2 decimal places.
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