Problem must show details, all work and explanation
According to the national crime victomization survey (december 2010) published by the US department of Justice , about 11.7 million people were victimes of identity theft over the past 2 years. This number represents 5% of all persons are 16 or older in the United States. Of these victimes, 53% reported that the identify theft occured from the unauthorized use of a credit card. Consider a randomly selected person of age 16 or older in the united states.
a. What is the probability that this person was a victim of identify theft?
b. what is the probability that this person was a victim of identify theft that occured from the unauthorized use of a credit card?
