Question
Do you think the government protects investors adequately? This question was part of an online survey of investors under age 65 living in the United
Do you think the government protects investors adequately? This question was part of an online survey of investors under age 65 living in the United States and Great Britain (Financial Times/Harris Poll, October 1, 2009). The number of investors from the United States and the number of investors from Great Britain who answered Yes, No, or Unsure to this question are provided as follows.
Response United States Great Britain
Yes 137 247
No 284 461
Unsure 206 263
a. Estimate the probability that an investor living in the United States thinks the government
is not protecting investors adequately.
b. Estimate the probability that an investor living in Great Britain thinks the government
is not protecting investors adequately or is unsure the government is protecting investors
adequately.
c. For a randomly selected investor from these two countries, estimate the probability
that the investor thinks the government is not protecting investors adequately.
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