The population of voters in a hypothetical country was divided into income groups and alsoaccording to the presidential candidate they supported: a left-wing candidate, Gauche, and a right-wing candidate, Droite. Suppose the following table provides the joint probability distribution ofincome and candidate supported:Distribution of Income and Candidate15Income (X) Gauche Droite(thousandsof dollars)(Y=0) (Y=1)4075150Joint Probability250SumCandidate (Y)0.200.090.140.090.020.540.090.070.15A0.04BSum0.29с0.290.200.061If you draw at random from the population of Gauche supporters, what is the chance of selecting avoter who makes 250 thousand dollars a year?Round your answer to two decimal places. Note: if your answer for the probability is, for example,25.32%, enter 0.25 (NOT 25.32).

It is given that, The table shows the joint probability distribution of divided income and…

Answered: If you draw at random from the…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Similar questions

Milan
In Franklin County, there are about 50,000 registered voters, of whom 15,000 are Democrats. A survey organization is about to take a simple random sample of 1,000 registered voters. There is about a 50-50 chance that the percentage of Democrats in the sample will be bigger than ?
Charlie buys a one-year term home insurance policy for $p, that will pay $200,000 in the event of a major catastrophe and $35,000 in the event of a minor catastrophe. Charlie's home has a 0.2% chance of a major catastrophe and a 0.7% of a minor catastrophe during the one year term. What did the insurance company charge Charlie for this policy if the company expected to break even?
You are rolling two dice, one red and one green. Now suppose we only care about sum of the dice. What are the different outcomes and their frequencies?
If you have a sample of 100 patients at a hospital and 20 of them have the flu, what is the probability Of randomly selecting 3 patients in a row who have the flue?
A coffee shop has a "manager surprise" drink that randomly chooses among 4 drinks. If Lee goes to the coffee shop for 3 days, what are the odds Lee would have been given the same drink all 3 days?
A magazine ran a sweepstakes in which prizes were listed along with the chances of winning: $1,000,000 (1 chance in 90,000,000), $100,000 (1 chance in 120,000,000), $25,000 (1 chance in 120,000,000), $5,000 (1 chance in 36,667,000), and $2,500 (1 chance in 27,500,000). Complete a and b. Round to the nearest tenth as needed. a. Assuming that there is no cost to enter the sweepstakes, find the expected value of the amount won for one entry. __cent b. Find the expected value if the cost of entering this sweepstakes is the cost of a postage stamp (3cent). __cent
In one town, 81% of all voters are Democrat. If two voters are randomly selected for a survey, what is the probability that they are both Democrat
A bag of M&M’s contains 5 blue, 6 red, 12 green, 10 yellow, 9 brown, and 8 orange M&M’s. What are the odds against randomly picking a green M&M?
Of the 125 million households in the U.S., 86 million of them have a pet. If you randomly survey a sample of 6 households, what are the odds that all six of them have a pet?

Recommended textbooks for you

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

SEE MORE TEXTBOOKS

If you draw at random from the population of Gauche supporters, what is the chance of selecting a voter who makes 250 thousand dollars a year?