An insurance company issues policies of two types - 20% are of type A and the remainder are of type B.  For the type A policies, 36% of the policyholders are female, while for type B policies, 16% of policyholders are male.  If a policy is selected at random from those held by females, what is the probability that it is a type A policy?

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.3: Conditional Probability; Independent Events; Bayes' Theorem
Problem 6E: If two fair dices are rolled, find the probabilities of the following results. A sum of 6, given...
icon
Related questions
Question

An insurance company issues policies of two types - 20% are of type A and the remainder are of type B. 

For the type A policies, 36% of the policyholders are female, while for type B policies, 16% of policyholders are male. 

If a policy is selected at random from those held by females, what is the probability that it is a type A policy?

Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL