I need a small confirmation regarding a probability problem:
We estimate that 5% of Americans spent their holidays in Texas, this proportion reaching 40% among Texans. Texans represent 2% of the whole population. We choose randomly an American spending his holidays in Texas. What is the probability that he is a Texan?
My reasoning:
Let P(T): he is a Texan.
P(HT): he is spending is holidays in Texas.
This is Bayes problem.
$ P(T/HT)=\frac { P(T\cap HT) }{ P(HT) } =\frac { 0,02 * 0,4 }{ 0,02 * 0,4 +0,98*0,05 } =0,14 $
Am I correct ?
The weird thing is that 0.14 is not among the proposed answers, which makes me thing that I am wrong.
Thanks in advance.
according to the question, $$ P(HT) = 0.05\\ P(HT|T) = 0.40\\ P(T) = 0.02 $$hence $$ P(T|HT) = \frac{P(HT|T)P(T)}{P(HT)} = \frac{0.40\times 0.02}{0.05} = 0.16 $$