Prosperous given that it is educated


Call a household prosperous if its income exceeds $100,000. Call the household educated if the household completed college. Select an American household at random, and let A be the event that the selected household is prosperous and B the event that it is educated. According to the Current Population Survey, P(A)=0.138, P(B)=0.261 and the probability that a household is both prosperous and educated is P(A and B)=0.082.What is the probability that a household is prosperous given that it is educated?

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Basic Statistics: Prosperous given that it is educated
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