Among uses of automated teller machines, 91% use ATMs to withdraw cash and 32% u
ID: 3314605 • Letter: A
Question
Among uses of automated teller machines, 91% use ATMs to withdraw cash and 32% use them to check their account balance. Suppose that 96% use ATMs to either withdraw cash or check their accounted balance (or both). Given a man who uses an ATM to check his account balance, what is the probability that he also uses an ATM to get cash?The probability is ______. Round to three decimal places as needed. Among uses of automated teller machines, 91% use ATMs to withdraw cash and 32% use them to check their account balance. Suppose that 96% use ATMs to either withdraw cash or check their accounted balance (or both). Given a man who uses an ATM to check his account balance, what is the probability that he also uses an ATM to get cash?
The probability is ______. Round to three decimal places as needed.
The probability is ______. Round to three decimal places as needed.
Explanation / Answer
percentage of users who withdraw cash in atm= 91%
proabability that a user withdraw cash in atm i.e P(withdraw cash)= 0.91
percentage of users who check their account balance in atm= 32%
proabability that a user check his account balance in atm i.e P(check their account balance)= 0.32
percentage of users who either withdraw cash or check their accounted balance = 96%
proabability that a user either withdraw cash or check his accounted balance i.e or P(withdraw cash or check their account balance) = 0.96
we know that P(A or B) =P(A) +P(B) -P(A and B)
P(withdraw cash or check their account balance) = P(withdraw cash) +P(check their account balance) - P(withdraw cash and check their account balance)
0.96 = 0.91 + 0.32 - P(withdraw cash andcheck their account balance)
P(withdraw cash andcheck their account balance) = 0.91 + 0.32 - 0.96 = 0.27
probability that user an ATM to get cash given that user uses an ATM to check his account balance
= P(withdraw cash / check their account balance)
= P(withdraw cash and check their account balance) /P(check their account balance)
= 0.27/0.32
= 0.8438
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