A company that manufactures video cameras produces a basic model and a deluxe model. Over the past year, 40% of the cameras sold have been of the basic model. Of those buying the basic model, 30% purchase an extended warranty, whereas 50% of all deluxe purchasers do so. If a randomly selected purchaser has an extended warranty, what is the probability that he/she has a basic model?
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A company that manufactures video cameras produces a basic model and a deluxe model. Over the past y...
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