In a city, 60% of the residents live in houses and 40% of the residents live in apartments. Of the people who live in houses, 25% own their own business. Of the people who live in apartments, 20% own...

In a city, 60% of the residents live in houses and 40% of the residents live in apartments. Of the people who live in houses, 25% own their own business. Of the people who live in apartments, 20% own their own business. If a person owns his or her own business, find the probability that he or she lives in a house. (Round your answer to two decimal places.)