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Consider the data in the table below showing the joint probability table of survey data of bullish and bearish traders and their reading of the
Consider the data in the table below showing the joint probability table of survey data of bullish and bearish traders and their reading of the economy in a sample of 800 traders. Reading of Economy Traders Good Bad Ugly Total 0.463 0.111 0.011 0.585 Bullish 0.248 0.125 0.043 0.415 Bearish 0.71 0.236 0.054 1.000 Total Table 5 What is P(Bad")? Select the closest answer. O 0.054 O 0.29 O 0.236 O 0.764
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