Conditional Probabilityeasy
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An online retailer's data shows: 70% of visitors are repeat customers (R), 30% are new (N). Repeat customers purchase with probability 0.6, new customers with probability 0.2. A purchase is made. What is P(R|purchase)?
An online retailer's data shows: 70% of visitors are repeat customers (R), 30% are new (N). Repeat customers purchase with probability 0.6, new customers with probability 0.2. A purchase is made. What is P(R|purchase)?