Multiple Choice
According to a survey of American households, the probability that the residents own two cars if annual household income is over $50,000 is 80%. Of the households surveyed, 60% had incomes over $50,000 and 70% had two cars. The probability that the residents of a household own two cars and have an income less than or equal to $50,000 a year is ________.
A) 0.12
B) 0.18
C) 0.22
D) 0.48
Correct Answer:
Verified
Correct Answer:
Verified
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