In a population of 100,000 females, 89.835% can expect to live to age 60, while 57.062% can expect to live to age 80. Given that a woman is 60, what is the probability that she lives to age 80?
Using conditional probability Pr(A given B) I am coming up with an answer of .57062. I was wondering if anyone could tell me if my understanding is correct.
Let $ S $ denote the event that the woman lives up to age $ 60 $. Let $ E $ denote the event that she lives upto age $ 80 $. We need to find $ P(E | S) $.
Now, by bayes rule,
$$ P( E | S ) = \dfrac{P(S | E) \times P(E)}{P(S)} $$
Now, $ P(S|E) = 1$ since every person who lives till $ 80 $ lives till $ 60 $.
Therefore,
$$ P(E|S) = \dfrac{1.0 \times 0.57062}{0.89835} \approx 0.635186 \approx 63.51 \% $$