1. **State the problem:**
We want to find the probability that a customer bought premium gas given that they paid with a credit card.
2. **Identify given probabilities:**
- $P(\text{Regular})=0.88$, $P(\text{Midgrade})=0.02$, $P(\text{Premium})=0.10$
- $P(\text{Credit} | \text{Regular})=0.28$
- $P(\text{Credit} | \text{Midgrade})=0.34$
- $P(\text{Credit} | \text{Premium})=0.42$
- $P(\text{Credit})=0.295$
3. **Use Bayes' theorem:**
$$
P(\text{Premium} | \text{Credit}) = \frac{P(\text{Credit} | \text{Premium}) \times P(\text{Premium})}{P(\text{Credit})}
$$
4. **Calculate numerator:**
$$
P(\text{Credit} | \text{Premium}) \times P(\text{Premium}) = 0.42 \times 0.10 = 0.042
$$
5. **Calculate denominator:**
Given as $P(\text{Credit})=0.295$
6. **Calculate conditional probability:**
$$
P(\text{Premium} | \text{Credit}) = \frac{0.042}{0.295}
$$
7. **Simplify fraction with cancellation:**
$$
P(\text{Premium} | \text{Credit}) = \frac{\cancel{0.042}}{\cancel{0.295}} = 0.1424 \approx 0.142
$$
**Final answer:**
The probability that a customer bought premium gas given that they paid with a credit card is approximately **0.142**.
Premium Gas Probability 944267
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