Question: 16 Given the contingency table shown here, if a randomly chosen student attends school in an inner- city location, what is the probability that it

Given the contingency table shown here, if a randomly chosen student attends school in an inner- city location, what is the probability that it is a public school? What type of school do you attend? Location Public (P) Religions (R) Other Private (O) Row Total Inner City (D) 35 15 20 70 Suburban (S) 45 10 25 80 Rural (R) 25 5 5 35 Col Total 105 30 50 185

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2. Find out if there are other reference points that can be used as reasonable alternatives.

1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.