If P(high)= 0

question 45

Multiple Choice

If P(high) = 0.3,P(low) = 0.7,P(favorable | high) = 0.9,and P(unfavorable | low) = 0.6,then P(favorable) =

• A)0.10.
• B)0.27.
• C)0.30.
• D)0.55.

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Definitions:

Horizontal Line

A straight line that has a zero slope and runs parallel to the horizontal axis in a graph.

Vertical Line

A straight line that goes up and down on a graph, representing a scenario where one variable changes while the other remains constant.

Downward Sloping

Describes a line on a graph that shows a decrease in one variable as another variable increases, often used to illustrate laws of demand in economics.

Negatively Related

A term used to describe two variables that move in opposite directions; as one increases, the other decreases.