Answer:
The answer is 0.105
Step-by-step explanation:
Let cars =C and motorcycles=M.
now, P(C)=76 percent =0.76
P(M)=12 percent=0.12
P(C∩M)=8 percent =0.08
Then, the probability that a person owns a motorcycle, given they own a car, is a conditional probability given by the definition
P(M/C)=[tex]\frac{P(M∩C}{P(C)}[/tex]=[tex]\frac{0.08}{0.76}[/tex]=0.105
Therefore, the answer is 0.105
I believe it is well understood.