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9 July, 03:17

Let S be the event that a randomly chosen store is having a sale. Let M be the event that a randomly chosen store has marked up their prices in the last six months. Identify the answer which expresses the following with correct notation: Given that the store is having a sale, the probability that a randomly chosen store has marked up their prices in the last six months.

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  1. 9 July, 06:52
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    Prob (M/S)

    Step-by-step explanation:

    If we have two events, let's call them A and B, the probability of A given B can be write as:

    Prob (A/B)

    Then, if S is the event that a randomly chosen store is having a sale and M is the event that a randomly chosen store has marked up their prices in the last six months, we can say that:

    Given that the store is having a sale, the probability that a randomly chosen store has marked up their prices in the last six months is equal to given S what is the probability of M or what is the probability of M given S, so we can write that as:

    Prob (M/S)
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