1. A local bank reports that 85% of its customers maintain a checking account, 50% have a savings account, and 90% have
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1. A local bank reports that 85% of its customers maintain a checking account, 50% have a savings account, and 90% have
1. A local bank reports that 85% of its customers maintain a checking account, 50% have a savings account, and 90% have either a checking account or a savings account. What is the probability the customer has both a checking account and a savings account? 2. Peter applied for a job at an accounting firm and a consulting firm. He knows from past trends that 60% of similarly qualified applicants receive job offers from the accounting firm; only 35% of similarly qualified applicants receive job offers from the consulting firm Peter also knows that 70% of similarly qualified applicants receive an offer from one firm or the other. Hints: A=accounting firm offer, B-consulting firm offer a. Relying on past trends, what is the probability of an offer from the accounting firm if the consulting firm already gave an offer? b. Is there independence, a positive influence, or negative influence? How do you know?
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