Business, 12.03.2020 06:02 amanda2003teddy

If a repeat car buyer purchases a car made by a U. S. manufacturer, there is a 0.75 probability that buyer purchased a car made by a U. S. manufacturer on their prior purchase. If the repeat car buyer does not purchase a car made by a U. S. manufacturer, there is only a 0.4 probability that buyer purchased a car made by a U. S. manufacturer on their previous purchase. Assume there is a 0.5 probability that a repeat car buyer purchases a car made by a U. S. manufacturer. If a repeat car buyer purchased a car made by a U. S. manufacturer on their prior purchase, what is the probability that buyer will not purchase a car made by a U. S, manufacturer on the next purchase

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If a repeat car buyer purchases a car made by a U. S. manufacturer, there is a 0.75 probability that...

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