Loading...
CFA Level 1
Quantitative Methods

Conditional Probability of Household Pet Ownership

Medium Probability Concepts Conditional Probability

In a certain city, 60% of the households own a pet, and 30% of the households that own a pet have a cat. Additionally, it is known that 20% of all households have both a cat and a dog. What is the probability that a household has a dog given that it owns a pet?

Hint

Submitted2.2K
Correct1.9K
% Correct87%