Question: The description and statements given in Problem 7.24 often elicit responses that are not consistent with probability requirements. If you are like most people, you
The description and statements given in Problem 7.24 often elicit responses that are not consistent with probability requirements. If you are like most people, you ranked statement h (Linda is a bank teller and is active in the feminist movement) as more probable than statement f (Linda is a bank teller).
a. Explain why you ranked statements h and f as you did.
b. Statement h is actually a compound event. That is, for h to be true, Linda must be both a bank teller (Outcome A) and active in the feminist movement (Outcome B). Thus, statement h is represented by the Outcome “ A ” and “ B. ” Use a Venn diagram to explain why statement h must be less probable than statement f.
c. Suppose that you have presented Problem 1 to a friend, who ranks statement h as more probable than statement f. Your friend argues as follows: “Well, it’s not very likely that Linda is a bank teller in the first place. But if she is a bank teller, then she is very likely to be active in the feminist movement. So h would appear to be more likely than f.” How is your friend interpreting statement h? Explain why this is not an appropriate interpretation.
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