Ruiz Potter
01/13/2024 · Elementary School
5. A sample of adults revealed that approximately \( 68 \% \) own their own home. In this same sample, \( 52 \% \) had completed some form of education after high school. Finally, \( 44 \% \) of respondents completed some form of post-high school education and owned their own home. Given that the respondent has completed some post high school education, what is the probability that they are a homeowner?
Upstudy ThothAI Solution
Tutor-Verified Answer
Quick Answer
The probability that a respondent is a homeowner given that they have completed some post-high school education is approximately \( 0.8462 \) or \( 84.62\% \).
Step-by-step Solution
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text
Enter your question here…
By image
Re-Upload
Submit