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Probability: Total Probability Theorem – #29364

Question: In certain community the prevalence of hypertension (HT) among three groups (N-normal, P-prediabetic, D-diabetic) are reported in Table 1, while Table 2 presents cross-tabulation of gender and diabetic status for the same community. a) One person is randomly selected from the community. Find probability that this person is female. b) One person is randomly...

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Probability: Bayes Theorem – #26671

Question: Everyone wants you to refinance your home these days. In the past, approximately 2% of mortgage holders defaulted, leaving the bank unable to collect. The bank also found that the probability of missing a mortgage payment was 0.08 for customers who do not default. The probability of individuals missing a mortgage payment is 1.0,...

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