Use Conditional Probability. -It Has Been Reported That Men Are More Likely Than

question 18

Multiple Choice

Use conditional probability.
-It has been reported that men are more likely than women to participate in online
Auctions. In a recent survey, 65% of respondents reported that they had participated in an
Online auction. In this same survey, 45% of respondents were men and 38% were men
Who had participated in online auctions. What is the probability that a respondent had
Participated in an online auction given that he is male?

• A) 0.38
• B) 0.84
• C) 0.62
• D) 0.45
• E) 0.55

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Definitions:

Civilian to Military Production

The transition of manufacturing and production processes from civilian to military goods, typically during periods of war or military buildup.

Government Military Contracts

Agreements or contracts between a government and private companies for the provision of goods and services to the military or for defense purposes.

Nation's Top Corporations

The leading companies in a country, typically measured by revenue, profitability, or market capitalization.

Closed-Shop

A workplace where employment is conditional upon the employee's membership in a labor union, typically found in industries with strong union representation.