Find the Indicated Probability

question 127

Multiple Choice

Find the indicated probability.
-The following contingency table provides a joint frequency distribution for the popular votes cast in the presidential election by region and political party. Data are in thousands, rounded to the Nearest thousand. A person who voted in the presidential election is selected at random. Compute the probability that The person selected was in the West and voted Republican.

• A)0.196
• B)0.781
• C)0.115
• D)0.588

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Definitions:

Net Capital Outflow

A comparison between the activity of local investors buying abroad and foreign investors buying within the national borders.

Soccer Tournament

A competitive series of soccer games where teams compete to determine a champion.

Real Exchange Rate

The rate at which two currencies can be exchanged after adjusting for inflation differentials, reflecting the purchasing power of one currency in terms of goods and services.

Domestic Goods

Products that are manufactured within a country's borders, as opposed to goods imported from other countries.