Researchers examined forecasters' interest rate predictions for 34 quarters to see whether the predictions corresponded to what actually happened. The 2 2 contingency table below shows the frequencies of actual and predicted interest rate movements.

Interest Rate Forecast Accuracy

Actual Change

Decline Rise

Forecast Change (A) (A+) Row Total

Decline (F) 7 12 19

Rise (F+) 9 6 15

Column Total 16 18 34

Calculate each probability (i-vi)

(Round your answers to 4 decimal places.):

i. P(F-)

ii. P(A+)

iii. P(A- | F-)

iv. P(A+ | F+)

v. P(A+ and F+)

vi. P(A- and F-)