Step 1: Understanding the Concept:
This problem is an application of Bayes' Theorem, which calculates the probability of an event based on prior knowledge of conditions that might be related to the event.
Step 2: Key Formula or Approach:
Bayes' Theorem:
\[ P(A|B) = \frac{P(B|A)P(A)}{P(B)} \]
Where $P(B)$ is the total probability of being late.
Step 3: Detailed Explanation:
Let $B, S, C$ be the events of choosing Bus, Scooter, and Car, and $L$ be the event of being late.
$P(B) = 2/5, P(S) = 1/5, P(C) = 2/5$.
$P(L|B) = 1/5, P(L|S) = 1/3, P(L|C) = 1/4$.
First, calculate the total probability of being late $P(L)$:
\[ P(L) = P(B)P(L|B) + P(S)P(L|S) + P(C)P(L|C) \]
\[ P(L) = \left(\frac{2}{5} \times \frac{1}{5}\right) + \left(\frac{1}{5} \times \frac{1}{3}\right) + \left(\frac{2}{5} \times \frac{1}{4}\right) \]
\[ P(L) = \frac{2}{25} + \frac{1}{15} + \frac{1}{10} = \frac{12 + 10 + 15}{150} = \frac{37}{150} \]
Now, use Bayes' Theorem for $P(B|L)$:
\[ P(B|L) = \frac{P(B)P(L|B)}{P(L)} = \frac{2/25}{37/150} \]
\[ P(B|L) = \frac{12/150}{37/150} = \frac{12}{37} \]
Step 4: Final Answer:
The probability that the candidate travelled by bus, given they were late, is $\frac{12}{37}$.