The following table shows the joint probability distribution of X and Y, where Y is the income level of a sample of countries, and X represents whether the countries' public debt to GDP ratio is high (above 100%) or low (below 100%). Debt ratio (X) Income(y) High Low High income 0.24 0.29 Low income 0.12 0.35 question 1: Find the probability that a country has a low debt ratio given that they are classified as a low-income country

The following table shows the joint probability distribution of X and Y, where Y is the income level of a sample of countries, and X represents whether the countries' public debt to GDP ratio is high (above 100%) or low (below 100%). Debt ratio (X) Income(y) High Low High income 0.24 0.29 Low income 0.12 0.35 question 1: Find the probability that a country has a low debt ratio given that they are classified as a low-income country

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The following table shows the joint probability distribution of X and Y, where Y is the income level of a sample of countries, and X represents whether the countries' public debt to GDP ratio is high (above 100%) or low (below 100%).

	Debt ratio (X)
Income(y)	High	Low
High income	0.24	0.29
Low income	0.12	0.35

question 1:

Find the probability that a country has a low debt ratio given that they are classified as a low-income country

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