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TABLE 4-10
Are whites more likely to claim bias? It was found that 60% of the workers were white, 30% were black and 10% are other races. Given that a worker was white, the probability that the worker had claimed bias was 30%. Given that a worker was black, the probability that the worker had claimed bias was 40%. Given that a worker was other race, the probability that the worker had claimed bias was 0%.
-Referring to Table 4-10, what is the probability that a randomly selected worker is black and had not claimed bias or is white and has claimed bias?
Income Shares
A method often used in family law to determine the amount of child support payments based on the proportional income of each parent.
National Income
The total value of all goods and services produced by a country over a specific period, usually measured as Gross National Product (GNP) or Net National Product (NNP).
Capitalists
Individuals or entities that own capital goods, invest in production, and seek to generate profits within an economy.
Labor
The application of physical and cognitive labor in the manufacture of goods and provision of services.
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