Members of a legislature often must vote repeatedly on the same bill. As time goes on, members
Question:
Members of a legislature often must vote repeatedly on the same bill. As time goes on, members may change their votes. Suppose that p0 is the probability that an individual legislator favors an issue before the first roll call vote, and suppose that p is the probability of a change in position from one vote to the next. Then the probability that the legislator will vote “yes” on the nth roll call is given by
For example, the chance of a “yes” on the third roll call vote is
Suppose that there is a chance of p0 = 0.7 that Congressman Stephens will favor the budget appropriation bill before the first roll call, but only a probability of p = 0.2 that he will change his mind on the subsequent vote. Find and interpret the following.
(a) p2
(b) p4
(c) p8
(d)
Step by Step Answer: