Many people blame Wall Street greed for causing the economic crisis that gripped the nation in late 2008. In February 2009, the Harris Poll surveyed 1,010 Americans, using the statement that people on Wall Street are “as honest and moral as other people.” The number giving each response is summarized in the table below: Agree 707 Disagree 263 Not sure 40 Based on these results, if you ask a randomly selected American this question, (a) What is the probability that a randomly selected American thinks that people on Wall Street are less honest than other people? (b) What is the probability that he or she cither agrees or disagrees?
Many people blame Wall Street greed for causing the economic crisis that gripped the nation in late 2008. In February 2009, the Harris Poll surveyed 1,010 Americans, using the statement that people on Wall Street are “as honest and moral as other people.” The number giving each response is summarized in the table below: Agree 707 Disagree 263 Not sure 40 Based on these results, if you ask a randomly selected American this question, (a) What is the probability that a randomly selected American thinks that people on Wall Street are less honest than other people? (b) What is the probability that he or she cither agrees or disagrees?
Solution Summary: The author summarizes the probability that a randomly selected American thinks that people on Wall Street are less honest than other people.
Many people blame Wall Street greed for causing the economic crisis that gripped the nation in late 2008. In February 2009, the Harris Poll surveyed 1,010 Americans, using the statement that people on Wall Street are “as honest and moral as other people.” The number giving each response is summarized in the table below:
Agree 707
Disagree 263
Not sure 40
Based on these results, if you ask a randomly selected American this question,
(a) What is the probability that a randomly selected American thinks that people on Wall Street are less honest than other people?
(b) What is the probability that he or she cither agrees or disagrees?
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