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Suppose there are two types of Penn State Sports fans: Rabid (R), and Casual (R'). These fans either view a big game Live (L) or at Home (L'). Suppose 60% of Penn State fans are both Casual and watch the games at Home. If a fan watches at Home, the probability that he/she is Casual is 95%. Finally, suppose 10% of fans are Rabid.

a. What is the probability of any fan watching the game at Home?

b. If a fan watches the game Live, what is the probability that they are Rabid?

Microeconomics, Economics

  • Category:- Microeconomics
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