The owner of a DVD rental store notes that 1 out of every 50 DVDs that are rented are not returned on time.He also calculates that 1 out of every 100 DVDs that are returned late are action movies.What is the probability that an action movie will be returned late?
A) 0.006
B) 0.03
C) 0.1
D) 0.0002
E) 0.01
Correct Answer:
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