SOLUTION: At a certain college, 53% of the students are female, and 17% of the students major in finance. Furthermore, 8% of the students both are female and major in finance. (a) What i

Algebra ->  Algebra  -> Probability-and-statistics -> SOLUTION: At a certain college, 53% of the students are female, and 17% of the students major in finance. Furthermore, 8% of the students both are female and major in finance. (a) What i      Log On

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Question 444066: At a certain college, 53% of the students are female, and 17% of the students major in finance. Furthermore, 8% of the students both are female and major in finance.
(a) What is the probability that a randomly selected female student majors in finance? Round your answer to decimal places.
(b) What is the probability that a randomly selected finance major is female? Round your answer to decimal places.

Answer by edjones(7569) About Me  (Show Source):
You can put this solution on YOUR website!
Make a Venn diagram to understand this!
.08/.53 = .1509
.
.08/.17 = .4706
.
Ed