Question
Annual Turnover (Mil. Euros) Number of firms who offshore the production of their finished product Number of firms who offshore the production of their semi-finished
Annual Turnover (Mil. Euros) | Number of firms who offshore the production of their finished product | Number of firms who offshore the production of their semi-finished product | Number of firms who offshore their innovative activities (e.g., R&D) |
Less than 1 | 3 | 4 | 1 |
1-2 | 18 | 10 | 1 |
2-10 | 145 | 115 | 21 |
10-15 | 48 | 39 | 3 |
15-50 | 115 | 76 | 26 |
50-250 | 86 | 49 | 24 |
Greater than 250 | 46 | 25 | 18 |
Total | 461 | 318 | 94 |
Conditional upon a firm being large (i.e., with an annual turnover of 250 million euros or more), what is the empirical probability that they offshore their innovative activities? (Report your answer in decimal precision, rather than percentages. Make sure that you round up your answer to two decimal points.
Conditional upon a firm being relatively small (i.e., with an annual turnover of 10 million euros or less), what is the empirical probability that they offshore their innovative activities?(Report your answer in decimal precision, rather than percentages. Make sure that you round up your answer to two decimal points.)
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