The probability of getting a patent is 06 if you get the, Basic Statistics

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The probability of getting a patent is 06 if you get the

Question: The probability of getting a patent is 0.6. If you get the patent, the conditional probability of being profitable is 0.9. However, given that you do not get the patent, the conditional probability of being profitable is only 0.3. Find the probability of being profitable. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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