[Step-by-Step] Referring to the contingency table in Problem 4.8, if a respondent is selected at random, what is the probability that he or she: Thinks
Question: Referring to the contingency table in Problem 4.8, if a respondent is selected at random, what is the probability that he or she:
- Thinks the tax code is unfair?
- Thinks the tax code is unfair and makes less than $50,000?
- Thinks the tax code is unfair or makes less than $50,000?
- Explain the difference in the results in (b) and (c).
Contingency Table
Income Level
U.S. Trade Less than More than Total
Code $50,000 $50,000 ____________
Fair 225 180 405
Unfair 280 _ 320 _ 600 _
Total 505 500 1,005
Deliverable: Word Document 