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​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.

Thirtysix percent of customers who purchased products from an ecommerce site had orders exceeding 110 If 17 of customers have orders exceeding 110 and also pay class=

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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)

= [tex]\frac{P(Pay \ with \ the \ sponsored \ credit\ card\ and\ order\ exceeds\ 110)}{P(order \ exceeds \ 110)}[/tex]

= [tex]\frac{P(A \ and \ B)}{P(A)}[/tex]

By putting the values, we get

= [tex]\frac{0.17}{0.34}[/tex]

= [tex]0.5[/tex]

Thus, the above is the right solution.

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