Question

​Thirty-six percent of customers who purchased products from an​ e-commerce site had orders exceeding 110. If ​17% of customers have orders exceeding 110 and also pay with the​ e-commerce site's sponsored credit​ card, determine the probability that a customer whose order exceeds 110 will pay with the sponsored credit card.

Answer 1

Answer:

The right solution is "0.5".

Step-by-step explanation:

According to the question,

P(pay with the sponsored credit card | order exceeds $110)

= $\frac{P(Pay \ with \ the \ sponsored \ credit\ card\ and\ order\ exceeds\ 110)}{P(order \ exceeds \ 110)}$

= $\frac{P(A \ and \ B)}{P(A)}$

By putting the values, we get

= $\frac{0.17}{0.34}$

= $0.5$

Thus, the above is the right solution.