Moore 5th Edition Chapter 4 Section 5
P(>$1 million | > $100 K) = = 0.01883 Notice that P(>$1million) = P(>$1million and >$100K) since you want both events satisfied simultaneously, one individual making both at least $ 100K and more than $1M, which means these people must all make more than a million. Which is the same as if we used the actual counts. P(>$1 million | > $100 K) = ................
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