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escoba escoba
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6 years ago
The probability of an economic decline in the year 20Y1 is 0.23 . There is a probability of 0.64 that we will elect a Republican president in the year 20Y0 . If we elect a Republican president, there is a .35 probability of an economic decline. Let D represent the event of an economic decline, and R represent the event of election of a Republican president
 a. Are R and D independent events?
  b. What is the probability of electing a Republican president in 20Y0 and an economic decline in the year 20Y1?
  c. If we experience an economic decline in the year 20Y1, what is the probability that a Republican president will have been elected in the year 20Y0?
  d. What is the probability of economic decline in 20Y1 or a Republican president elected in the year 20Y0 or both?
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lsellers6lsellers6
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6 years ago Edited: 2 years ago, bio_man
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A year ago
The probability of an economic decline in the year 2004 is0.23. There is a probability of 0.64 that we will elect a republican president in the year 2004. If we elect a republican president, there is a 0.35 probability of an economic decline.
a. What is the probability of a Republican president and economic decline in the year 2004?
b. If we experience an economic decline in the year 2004, what is the probability that there will be a Republican President?
c. What is the probability of economic decline or a Republican president in the year 2004?
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