Question

When customers come to a bank, there are three primary locations they may select to go to: teller, loan officer, or escrow department. Based on past experience, the following probability distribution applies:


Location Probability
Teller 0.60
Loan Officer 0.30
Escrow 0.10

Seventy percent of customers are males. The probability that the next customer will be male and will go to either the teller or the escrow department is 0.49.

Answer

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