(16) 4. In the State of Wisconsin, 20% ofresidents purchase fishing licenses. Fo
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Question
(16) 4. In the State of Wisconsin, 20% ofresidents purchase fishing licenses. For the residents who do purchase a fishing license in a year, 40% purchase a hunting license in the same year. For the residents who do not purchase a fishing license in year, only 3% purchase a hunting license in the same year a. What is the probability that a Wisconsin resident purchases a fishing license and b. Are "purchase a fishing license" and "purchase a hunting license" independent c. What is the probability of "purchase a fishing license" or "purchase a hunting d. What is the overall probability of a Wisconsin resident purchasing a hunting a hunting license in a given year? events? Why or why not? Show it with numbers. license in a given year. license?Explanation / Answer
Solution- Let us denote the following events-
F- Fishing license is purchased
N - Fishing license is not purchased
H - Hunting license is purchased
P(F) = 0.2 and P(N) = 0.8 P(H|F) = 0.4 and P(H|N) = 0.03
(a) P(F and H) = P(H|F) * P(F)
= 0.4 * 0.2
= 0.08
(b) If F and H would be independent, then P(F) = P(F|H)
Here they are not equal, that means they are not independent.
(c) P(H) = P(F) * P(H|F) + P(N) * P(H|N)
= 0.2 * 0.4 + 0.8 * 0.03
= 0.104
P(F or H) = P(F) + P(H) - P(H and F)
= 0.2 + 0.104 - 0.08
= 0.224
(d) P(H) = 0.104 - overall probability of purchasing hunting license.
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