A Poll Released This Week Found That in a Random

question 41

Short Answer

A poll released this week found that in a random sample of registered voters, 60% indicated that they think a female "will run" for the presidency, 30% said a female "will not run," and 10% had "no opinion." When asked their opinions on whether or not a female would be elected, 66% of those who said a female "will run" thought she could be elected; 25% of those who thought a female "will not run" thought she could be elected; whereas, 20% of those who had no opinion said that she could be elected.
a.What percentage of registered voters (in this sample) thought that a female could be elected?
b.Given that a person thought that a female could be elected, what is the probability that this person said a female "will not run" for the presidency?
c.Compute all the posterior probabilities.

---

Definitions:

Benefit of the Bargain

A principle in contract law that allows a party harmed by a breach to recover the value of what they were promised in the contract.

Rescind

To cancel a contract.

Seller

An individual or entity that offers goods or services for sale to consumers or other businesses.

UCC

The Uniform Commercial Code (UCC) is a comprehensive set of laws governing commercial transactions, including sales of goods and secured transactions, in the United States.