[Solved] 52% of a small business’ transactions are cash and 48% are credit. Of the cash transactions, 57% are for goods and 43% of services. Of the credit
Question: 52% of a small business’ transactions are cash and 48% are credit. Of the cash transactions, 57% are for goods and 43% of services. Of the credit transactions, 51% are goods and 49% for services.
Find the probability that a transaction is for services given that it is a credit transaction. (3 points)
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