responses. Find the probability a respondent has a great deal of confidence in banks and financial institutions given that he or she has hardly any confidence in major corporations.

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...
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Question
Confidence In Major
Corporations
A 2012 study asked respondents about their
confidence in banks and financial institutions
as well as their confidence in major
corporations. Each question allowed three
responses: "a great deal, only some, or hardly
any" The table to the right summarizes the
responses. Find the probability a respondent
has a great deal of confidence in banks and
financial institutions given that he or she has
hardly any confidence in major corporations.
Confidence in
Banks and
Financial
Institutions
A Great Deal
Only Hardly
Some
A Great
Deal
Any
Total
142
662
69
59
14
123
465
74
Only Some
Hardly Any
Total
23
288
183
494
215
812
271
1298
The probability a respondent has a great deal of confidence in banks and financial institutions given th
(Round to four decimal places as needed.)
Transcribed Image Text:Confidence In Major Corporations A 2012 study asked respondents about their confidence in banks and financial institutions as well as their confidence in major corporations. Each question allowed three responses: "a great deal, only some, or hardly any" The table to the right summarizes the responses. Find the probability a respondent has a great deal of confidence in banks and financial institutions given that he or she has hardly any confidence in major corporations. Confidence in Banks and Financial Institutions A Great Deal Only Hardly Some A Great Deal Any Total 142 662 69 59 14 123 465 74 Only Some Hardly Any Total 23 288 183 494 215 812 271 1298 The probability a respondent has a great deal of confidence in banks and financial institutions given th (Round to four decimal places as needed.)
TATE
Only Hardly
Any
14
74
183
271
A Great
Deal
Some
59
465
Total
142
662
69
123
23
215
288
494
812
1298
and financial institutions given that he or she has hardly any confidence in major corporations is
Transcribed Image Text:TATE Only Hardly Any 14 74 183 271 A Great Deal Some 59 465 Total 142 662 69 123 23 215 288 494 812 1298 and financial institutions given that he or she has hardly any confidence in major corporations is
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