Question
Probability of a fraudster being caught is 12 and committing a fraud is 35. What is his chance of not going to jail?
Answer: Option A
:
A
P(not going to jail)= P( F')+ P(F intersection C')
where P(F) is the probability of commiting a fraud and P(C) is the Probability of being caught
P(F')= 25
P(C')= 12
P(F intersection C')= P(F) ×P(C')= 35×12=310
P(not going to jail)= 25+310=710=70%
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:
A
P(not going to jail)= P( F')+ P(F intersection C')
where P(F) is the probability of commiting a fraud and P(C) is the Probability of being caught
P(F')= 25
P(C')= 12
P(F intersection C')= P(F) ×P(C')= 35×12=310
P(not going to jail)= 25+310=710=70%
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