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Mathematics, 08.05.2021 16:50 queen9384

A stockbroker knows from past experience that the probability that a client owns stocks is 0.60 and the probability that a client owns bonds is 0.50. The probability that a client owns stocks if he/she already owns bonds is 0.06. Given that a client owns stock, Calculate the probability (as a decimal) that he/she owns bonds?

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