Question

A company that manufactures video cameras produces a basic model and a deluxe model. Over the past year, 40% of the cameras sold have been of the basic model. Of those buying the basic model, 30% purchase an extended warranty, whereas 50% of all deluxe purchasers do so. If a randomly selected purchaser has an extended warranty, what is the probability that he/she has a basic model?

Answer 1

(9)(9) = .013. (53). 2. A company that manufactures video cameras produces a basic model and a deluxe model. In the past, 40% of cameras sold have been the basic model. Of those basic models sold, 30% of purchasers buy the extended warranty as well. Of the deluxe models sold, 50% purchase the extended warranty,.