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CBSE 2024 · Region 5 · Set 1 · Q38 · 4 marks

A departmental store sends bills to charge its customers once a month. Past experience shows that $\displaystyle 70 \%$ of its customers pay their first month bill in time. The store also found that the customer who pays the bill in time has the probability of $\displaystyle 0.8$ of paying in time next month and the customer who doesn't pay in time has the probability of $\displaystyle 0.4$ of paying in time the next month. Based on the above information, answer the following questions:
(i)
Let $\displaystyle \mathrm{E}_{1}$ and $\displaystyle \mathrm{E}_{2}$ respectively denote the event of customer paying or not paying the first month bill in time. Find $\displaystyle \mathrm{P}\left(\mathrm{E}_{1}\right), \mathrm{P}\left(\mathrm{E}_{2}\right)$.
(ii)
Let A denotes the event of customer paying second month's bill in time, then find $\displaystyle \mathrm{P}\left(\mathrm{A} \mid \mathrm{E}_{1}\right)$ and $\displaystyle \mathrm{P}\left(\mathrm{A} \mid \mathrm{E}_{2}\right)$.
Find the probability of customer paying second month's bill in time.

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