Multiple Choice
Use Bayes's rule to find the indicated probability.
-The first two columns of the table below give a percentage distribution for adults in one city by income group. The third column gives the percentage of people in each income group who plan to Buy a new car next year. An adult is picked at random from the city. Given that the person selected plans to buy a new car Next year, what is the probability that the person's income is between $5,000 and $9,999?
A) 0.05
B) 0.03
C) 0.01
D) 0.02
Correct Answer:

Verified
Correct Answer:
Verified
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