{"id":57132,"date":"2024-04-16T00:56:45","date_gmt":"2024-04-16T00:56:45","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=57132"},"modified":"2024-04-16T00:56:45","modified_gmt":"2024-04-16T00:56:45","slug":"the-probability-that-a-person-owns-a-sports-car-given-that-they-subscribe-to-automotive-magazine-is-40-we-also-know-that-3-of-the-adult-population-subscribes-to-automotive-magazine-the-probability-o","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-probability-that-a-person-owns-a-sports-car-given-that-they-subscribe-to-automotive-magazine-is-40-we-also-know-that-3-of-the-adult-population-subscribes-to-automotive-magazine-the-probability-o\/","title":{"rendered":"The probability that a person owns a sports car given that they subscribe to automotive magazine is 40%. We also know that 3% of the adult population subscribes to automotive magazine. The probability of a person owning a sports car given that they don&#8217;t subscribe to automotive magazine is 30%. Use this information to compute the probability that a person subscribes to automotive magazine given that they own a sports car"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;0.0398&#8243; option2=&#8221;0.0389&#8243; option3=&#8221;0.0368&#8243; option4=&#8221;0.0396&#8243; correct=&#8221;option4&#8243;]<!--more--><\/p>\n<p>The correct answer is $\\boxed{\\text{B. }0.0389}$.<\/p>\n<p>The probability that a person subscribes to automotive magazine given that they own a sports car is denoted by $P(S|C)$. We can calculate this probability using Bayes&#8217; theorem:<\/p>\n<p>$$P(S|C) = \\frac{P(C|S)P(S)}{P(C)}$$<\/p>\n<p>We are given that $P(C|S) = 0.4$, $P(S) = 0.03$, and $P(C) = 0.03 + 0.3 = 0.33$. Substituting these values into Bayes&#8217; theorem, we get:<\/p>\n<p>$$P(S|C) = \\frac{(0.4)(0.03)}{(0.33)} = 0.0389$$<\/p>\n<p>Therefore, the probability that a person subscribes to automotive magazine given that they own a sports car is $\\boxed{\\text{B. }0.0389}$.<\/p>\n<p>Here is a brief explanation of each option:<\/p>\n<ul>\n<li>Option A: $0.0398$. This is the probability that a person owns a sports car given that they subscribe to automotive magazine. This is not the probability that a person subscribes to automotive magazine given that they own a sports car.<\/li>\n<li>Option B: $0.0389$. This is the correct answer.<\/li>\n<li>Option C: $0.0368$. This is the probability that a person does not own a sports car given that they subscribe to automotive magazine. This is not the probability that a person subscribes to automotive magazine given that they own a sports car.<\/li>\n<li>Option D: $0.0396$. This is the probability that a person owns a sports car. This is not the probability that a person subscribes to automotive magazine given that they own a sports car.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;0.0398&#8243; option2=&#8221;0.0389&#8243; option3=&#8221;0.0368&#8243; option4=&#8221;0.0396&#8243; correct=&#8221;option4&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[729],"tags":[],"class_list":["post-57132","post","type-post","status-publish","format-standard","hentry","category-machine-learning","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The probability that a person owns a sports car given that they subscribe to automotive magazine is 40%. We also know that 3% of the adult population subscribes to automotive magazine. The probability of a person owning a sports car given that they don&#039;t subscribe to automotive magazine is 30%. Use this information to compute the probability that a person subscribes to automotive magazine given that they own a sports car<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/the-probability-that-a-person-owns-a-sports-car-given-that-they-subscribe-to-automotive-magazine-is-40-we-also-know-that-3-of-the-adult-population-subscribes-to-automotive-magazine-the-probability-o\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The probability that a person owns a sports car given that they subscribe to automotive magazine is 40%. 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We also know that 3% of the adult population subscribes to automotive magazine. The probability of a person owning a sports car given that they don't subscribe to automotive magazine is 30%. Use this information to compute the probability that a person subscribes to automotive magazine given that they own a sports car","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/the-probability-that-a-person-owns-a-sports-car-given-that-they-subscribe-to-automotive-magazine-is-40-we-also-know-that-3-of-the-adult-population-subscribes-to-automotive-magazine-the-probability-o\/","og_locale":"en_US","og_type":"article","og_title":"The probability that a person owns a sports car given that they subscribe to automotive magazine is 40%. We also know that 3% of the adult population subscribes to automotive magazine. 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