Answer:
0.6946 = 69.46% probability that a randomly selected Republican voter from the exit poll is from a household that makes at least $50,000.
Step-by-step explanation:
Conditional Probability
We use the conditional probability formula to solve this question. It is
In which
P(B|A) is the probability of event B happening, given that A happened.
is the probability of both A and B happening.
P(A) is the probability of A happening.
In this question:
Event A: Republican
Event B: From a household that makes at least $50,000.
Probability of Republican:
43% of 36%(makes less than $50,000).
55% of 64%(makes more than $50,000).
So
Republican and from a household that makes at least $50,000.
55% of 64%. So
What is the probability that a randomly selected Republican voter from the exit poll is from a household that makes at least $50,000?
0.6946 = 69.46% probability that a randomly selected Republican voter from the exit poll is from a household that makes at least $50,000.