A chain of paint stores produces and sells latex and semi-enamel paint. Based on long-term sales, the probability that a customer buys latex paint is 0.937. Of those who buy latex paint, 85% also buy rollers. However, only 52% of those who buy semi-enamel paint buy rollers. If we select a customer at random, and we know that he bought a roller, what is the probability that he bought a latex paint? (Round to 4 decimal places, if any)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
100%

A chain of paint stores produces and sells latex and semi-enamel paint. Based on long-term sales, the probability that a customer buys latex paint is 0.937. Of those who buy latex paint, 85% also buy rollers. However, only 52% of those who buy semi-enamel paint buy rollers. If we select a customer at random, and we know that he bought a roller, what is the probability that he bought a latex paint?

(Round to 4 decimal places, if any)

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman