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What is the probability that a randomly farm

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Assume 20% of the farms exceed 160 acres, 60% of farms are owned by someone over 50 years old, and 55% of farms exceeding 160 acres are owned by someone over 50 years old.

a) What is the probability that a randomly farm exceeds 160 acres and is owned by someone over 50 years old?

b) A randomly selected farm is owned by someone over 50 years old. What is the probability the farm is over 160 acres?

c) A randomly selected farm is 215 acres. What is the probability this farm is not owned by someone over 50 years old?

Reference no: EM132376973

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