Mathematics
Mathematics, 11.03.2020 03:33, yclark98563p5z2gt

A few years ago Visa Card USA studied how frequently consumers use debit and credit cards in making purchases. The results of the study indicated that the probability that a consumer is 18 to 24 years old and uses a Visa Card when making a purchase is 0.0703 and the probability that a consumer is older than 24 and uses a Visa card when making a purchase is 0.2997. Also, the probability that a consumer is 18 to 24 years old is 0.14. (Assume that Visa customers are either 18-24 years old or older than 24).1. What is the probability that a randomly selected consumer who is 18 to 24 years old uses a Visa card for purchases?2. What is the probability that a randomly selected consumer uses a Visa card for purchases given that he or she is older than 24?

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