In a given day in the rainy season, it may rain 70% of the time. If it rains, chances that a village fair make a loss on that day is 80%. However, if it does not rain, chances that fair will make a loss on that day is only 10%. If the fair has not made a loss on a given day in the rainy season, what is the probability that it has not rained on that day?
A. $$\frac{3}{{10}}$$
B. $$\frac{9}{{11}}$$
C. $$\frac{{14}}{{17}}$$
D. $$\frac{{27}}{{41}}$$
Answer: Option D
Related Questions on Probability and Statistics
A coin is tossed 4 times. What is the probability of getting heads exactly 3 times?
A. $$\frac{1}{4}$$
B. $$\frac{3}{8}$$
C. $$\frac{1}{2}$$
D. $$\frac{3}{4}$$
A. 1 and $$\frac{1}{3}$$
B. $$\frac{1}{3}$$ and 1
C. 1 and $$\frac{4}{3}$$
D. $$\frac{1}{3}$$ and $$\frac{4}{3}$$
A. E(XY) = E(X) E(Y)
B. Cov (X, Y) = 0
C. Var (X + Y) = Var (X) + Var (Y)
D. E(X2Y2) = (E(X))2 (E(Y))2

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