Use the Following to Answer Questions

question 7

Short Answer

Use the following to answer questions :
A pollster asked 1000 adults whether Republicans or Democrats have better domestic economic policies. The following table gives the two-way classification of there opinions.

The pollster then randomly selected one adult from these 1,000 adults.
-The joint probability (rounded to three decimal places)of events "Male" and "No Opinion" is:

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Definitions:

Inflation

The speed at which the general cost level for goods and services ascends, weakening purchase potency.

Policy Change

Adjustments or modifications made to existing rules, regulations, or guidelines within an organization, government, or system.

Monetary Policy

Actions by a central bank to control the money supply and interest rates in order to influence economic activity.

Fiscal Policy

Government policy regarding taxation and spending, aimed at influencing the economy.