Question: In a survey, 70% of people like tea, and 40% like coffee. If 30% like both tea and coffee, what is the probability that a person likes tea given that they like coffee?
Options:
Correct Answer: 0.5
Solution:
Using conditional probability, P(Tea | Coffee) = P(Tea and Coffee) / P(Coffee) = 0.3 / 0.4 = 0.75.