I know this seems like an easy problem but I can't get it figured out.
The problem is:
If P(high) = .3, P(low) = .7,
P(favorable | high) = .9,
P(unfavorable | low) = .6,
then P(favorable) =
Normally I can figure stuff like this out, but usually I have more info than that. Well, there's always a first time.
I came up with .3, 27, and .1. I don't know what I'm doing wrong.