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The Following Table Shows the Results of a Survey of 350

question 150

Multiple Choice

The following table shows the results of a survey of 350 authors by a (fictitious) publishing company:  New  Authors  Established  Authors  Total  Successful 401050 Unsuccessful 140160300 Total 180170350\begin{array} { | l | l | l | l | } \hline & \begin{array} { l } \text { New } \\\text { Authors }\end{array} & \begin{array} { l } \text { Established } \\\text { Authors }\end{array} & \text { Total } \\\hline \text { Successful } & 40 & 10 & 50 \\\hline \text { Unsuccessful } & 140 & 160 & 300 \\\hline \text { Total } & 180 & 170 & 350 \\\hline\end{array} An author is chosen at random.
Compute the estimated probability of the event that the author is established and successful.


Definitions:

Unequal Income Distribution

A situation where income is distributed unevenly among a population, leading to disparities in wealth and living standards.

Developed Countries

Nations with relatively high levels of economic prosperity and standards of living, often characterized by high Gross Domestic Product (GDP) per capita.

Income Inequality

The unequal distribution of income within a population, often measured by various statistical means, indicating the gap between the rich and the poor.

Developed Countries

Nations with high levels of industrialization, a higher standard of living, advanced technological infrastructure, and more complex economic systems compared to developing countries.

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