By selling a book for $16.50, a bookseller loses 12%. What is the cost price of the book?
1 answer:
You might be interested in
Answer:
The value is
The probability has increased
Step-by-step explanation:
From the question we are told that
The percentage that are from outside the country is
The percentage that logs on everyday is
The percentage that logs on everyday that are from the inside the country is
Generally using Bayes' Rule the probability that a person is from the country given that he logs on the website every day is mathematically represented as
Where is the percentage that are from inside that country which is mathematically represented as
And is percentage that logs on everyday that are from the outside the country which is evaluated as
Given that the percentage that are from inside that country is
and that the probability that a person is from the country given that he logs on the website every day is
We see that the additional information increased the probability