Given the Contingency Table Shown Here, Find P(V) A)20
B)

question 10

Multiple Choice

Given the contingency table shown here, find P(V) . $\begin{array}{l}\quad\quad\quad\quad\quad\quad\quad\quad\text { Cell Phone Service Provider }\\\begin{array}{|c|c|c|c|c|}\hline County&\text { Sprint }(S) &\text { AT\&T }(A) & \text { Verizon }(I) & \text { Row Total }\\\hline Macomb (M) &17 & 25 & 8 & 50 \\\hline Oakland (O) &19 & 38 & 13 & 70 \\\hline Wayne (W) &24 & 37 & 19 & 80 \\\hline Col Total &60 & 100 & 40 & 200 \\\hline\end{array}\end{array}$

• A).20
• B).40
• C).50
• D).80

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Definitions:

Deadweight Loss

A loss of economic efficiency that can occur when equilibrium for a good or a service is not achieved or is not achievable, leading to a misallocation of resources.

Baseball Hat

A type of soft cap with a rounded crown and a stiff bill projecting in front.

Tax

A mandatory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Marginal Tax Rate

The amount of tax paid on an additional dollar of income, which is typically a percentage that increases as income rises.