An exit poll during a recent election revealed that 55 of those voting were women and
that 65 of the women voting favored Democratic candidates.
What is the probability
that a randomly chosen participant of the exit poll would be a woman who favored
Democratic candidates?
Question 2
Suppose there is a 35 chance that a risky stock investment will end up in a total loss of
your investment. Because the rewards are so high, you decide to invest in three
independent risky stocks.
What is the probability that all three stocks end up in total
losses?
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