Question
A conference on reducing taxes versus increasing spending on necessary government services consisted of 200 participants of which 40% were Canadian economists and 60% were
A conference on reducing taxes versus increasing spending on necessary government services consisted of 200 participants of which 40% were Canadian economists and 60% were American economists. Of the Canadian participants, 70% supported increasing spending on necessary government services while only 25% of the Americans supported this increase in spending.If one of these 200 participants was randomly selected for an in depth interview, determine the following (calculate probabilities to 4 decimal places if necessary). (Use the symbols C for Canadian, A for American, G for supporting an increase in government spending, and, T for supporting reducing taxes.)
- The probability that the individual selected was Canadian and supported the increased spending in government services.
- The probability that the selected individual supported increased spending or was Canadian
- The probability that the selected individual was American and supported reducing taxes
- The probability that the selected individual was Canadian given that he/she supported reducing taxes
- The probability that the selected individual was American given that he/she supported increasing government spending
- The probability that the selected individual supported reducing taxes.
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