document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1050767>Question 1050767</A>: <I><SPAN STYLE=\"word-break: break-all;\">  25% of individuals in a certain city earns more than $45,000 per year.<BR>\n" );
document.write( "The percentage of individuals earning more than $45,000 and having a college degree is 10. Suppose that a person is randomly chosen and turns out to be earning more than $45,000 . What is the probability that he or she is a college graduate. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #666383 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=666383\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\">  25% of individuals in a certain city earns more than $45,000 per year.<BR>\n" );
document.write( "The percentage of individuals earning more than $45,000 and having a college degree is 10. Suppose that a person is randomly chosen and turns out to be earning more than $45,000 . What is the probability that he or she is a college graduate. <BR>\n" );
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document.write( "P(> 45000) = 0.25<BR>\n" );
document.write( "P(> 45000 AND cd) = 0.10<BR>\n" );
document.write( "P(cd |> 45000) = 0.10/0.25 = 2/5<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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