Cashback Offer (25th Nov-05th Dec 2020). Get Flat 10% Cashback credited in your account on a minimum transaction of $80. Post Your Question

Question DetailsNormal
$ 3.00

An economics conference was recently held in which 200 North American economists

Question posted by
Online Tutor Profile
request

An economics conference was recently held in which 200 North American economists were discussing whether or not tariffs would help or hurt or not affect their respective countries’ overall economies. Each economist was categorized by his/her country and their attitudes toward tariffs. The numbers of economists falling into each combination of categories were summarized in the following table.

                                               attitudes

Country                 help        hurt        not affect           Totals

Canada                      5           32                3                      40

USA                        33          87              20                     140

Mexico                      1           17                 2                     20

Total                       39          136               25                     200

If one of these economists was randomly selected to receive free admission to next year’s conference, determine the probability that the economist selected: (Leave your answers as fractions without simplifying them.)

  1. was from Mexico
  1. was from Canada and whose attitude was ‘hurt the economy’
  1. was from USA or whose attitude was ‘help the economy’
  1. was from Mexico knowing that his/her attitude was ‘help the economy’
  1. had the attitude of ‘no effect’ knowing that he/she was from Canada
Available Answer
$ 3.00

[Solved] An economics conference was recently held in which 200 North American economists

  • This solution is not purchased yet.
  • Submitted On 25 Aug, 2020 10:24:49
Answer posted by
Online Tutor Profile
solution
Please see att...
Buy now to view the complete solution
Other Similar Questions
User Profile
Beam7...

An economics conference was recently held in which 200 North American economists

Please see attached Thank you!..........................
User Profile
Exper...

How Can Economic Incentives Be Used To Significantly Reduce The Pollution.

Microeconomic Question: How Can Economic Incentives Be Used To Significantly Reduce The Pollution. Question: A public park in your area has become badly polluted by trash that users of it leave behind. What economic concept d...
User Profile
Tutor...

Describe an economic trade off faced by the Fed in achieving its economic policy objectives.

1.            Describe an economic trade off faced by the Fed in achieving its economic policy objecti......
User Profile
Good_...

Stabilizing an Economic Struggle

Stabilizing an Economic StruggleStabilizing an Economic StruggleStabilizing an Economic StruggleStabilizing an Economic StruggleStabilizing an Economic StruggleStabilizing an Economic StruggleStabilizing an Economic StruggleS...
User Profile
Good_...

Russian Economy Outlook

Russian Economy OutlookRussian Economy OutlookRussian Economy OutlookRussian Economy OutlookRussian Economy OutlookRussian Economy OutlookRussian Economy OutlookRussian Economy OutlookRussian Economy OutlookRussian Economy Ou...

The benefits of buying study notes from CourseMerit

homeworkhelptime
Assurance Of Timely Delivery
We value your patience, and to ensure you always receive your homework help within the promised time, our dedicated team of tutors begins their work as soon as the request arrives.
tutoring
Best Price In The Market
All the services that are available on our page cost only a nominal amount of money. In fact, the prices are lower than the industry standards. You can always expect value for money from us.
tutorsupport
Uninterrupted 24/7 Support
Our customer support wing remains online 24x7 to provide you seamless assistance. Also, when you post a query or a request here, you can expect an immediate response from our side.
closebutton

$ 629.35