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3. [2|] pts] The probability of an economic decline in the year EGGS is ll There is a probability of 13.64 that we will elect
3. [2|] pts] The probability of an economic decline in the year EGGS is ll There is a probability of 13.64 that we will elect a republican president in the year 2003. If we elect a republican president, there is a 0.35 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) [5 pts] Are R and D independent events? b) [5 pts] 'What is the probability of a Republican president and economic decline in the year 2003? c) [5 pts] Ifwe experience an economic decline in the year 213133, what is the probability that there will a Republican president? d) [5 pts] What is the probability of economic decline or a Republican president in the year 2003
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