
Concept explainers
In Exercises 1–22, use Bayes’ theorem to calculate the probabilities.
Exit Polling According to exit polling from the 2014 U.S. midterm elections, 36% of voters had a household income less than $50,000, while 64% had a household income of at least $50,000. Forty-three percent of voters from households making less than $50,000 voted for the Republican party in the election, while 55% percent of voters from households making at least $50,000 voted Republican. What is the probability that a randomly selected Republican voter from the exit poll is from a household that makes at least $50,000?

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