What is the mean income of Gauche supporters?

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...
icon
Related questions
Question
The population of voters in a hypothetical country was divided into income groups and also
according 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 of
income and candidate supported:
Distribution of Income and Candidate
15
Income (X) Gauche Droite
(thousands
of dollars)
(Y=0) (Y=1)
40
75
150
Joint Probability
250
Sum
Candidate (Y)
0.20
0.09
0.14
0.09
0.02
0.54
0.09
0.07
0.15
A
0.04
B
Sum
0.29
с
0.29
0.20
0.06
1
What is the mean income of Gauche supporters?
Enter your answer in thousands of dollars and round your answer to one decimal place. So, if your
answer is 128.47 thousands of dollars, enter 128.5 in your answer. Do not include any dollar sign.
Transcribed Image Text:The population of voters in a hypothetical country was divided into income groups and also according 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 of income and candidate supported: Distribution of Income and Candidate 15 Income (X) Gauche Droite (thousands of dollars) (Y=0) (Y=1) 40 75 150 Joint Probability 250 Sum Candidate (Y) 0.20 0.09 0.14 0.09 0.02 0.54 0.09 0.07 0.15 A 0.04 B Sum 0.29 с 0.29 0.20 0.06 1 What is the mean income of Gauche supporters? Enter your answer in thousands of dollars and round your answer to one decimal place. So, if your answer is 128.47 thousands of dollars, enter 128.5 in your answer. Do not include any dollar sign.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON