Multiple Choice
According to a survey of American households, the probability that the residents own 2 cars if annual household income is over $25,000 is 80%. Of the households surveyed, 60% had incomes over $25,000 and 70% had 2 cars. What is the probability that the residents of a household own 2 cars and have an income less than or equal to $25,000 a year?
A) 0.22
B) 0.48
C) 0.12
D) 0.18
Correct Answer:

Verified
Correct Answer:
Verified
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