Examlex
An exit poll during a recent election revealed that 52% of those voting were women and
48% were men. The results also showed that 70% of the women voting favored Democratic
candidates while only 40% of the men favored Democratic candidates. These poll results
may be summarized as follows:
P(woman)= .52 P(man)= .48
P(favored Democrats | woman)=.70 P(favored Democrats | man)= .40
a. Find P(woman and favored Democrats).
b. Find P(man and favored Democrats).
c. Find P(favored Democrats).
d. Find P(woman | favored Democrats).
e. Find P(man | favored Democrats).
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A theory that states the exchange rates between two currencies are in equilibrium when their purchasing power is the same in both countries.
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