Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 11 Oct 2017 My Price 7.00

George Washington University

Three professors at George Washington University did an experiment to determine if economists are more selfish than other people. They dropped 64 stamped, addressed envelopes with $10 cash in different classrooms on the George Washington campus. 44% were returned overall. From the economics classes 56% of the envelopes were returned. From the business, psychology, and history classes 31% were returned. Let: R = money returned; E = economics classes; O = other classes

a. Write a probability statement for the overall percent of money returned.

b. Write a probability statement for the percent of money returned out of the economics classes.

c. Write a probability statement for the percent of money returned out of the other classes.

d. Is money being returned independent of the class? Justify your answer numerically and explain it.

e. Based upon this study, do you think that economists are more selfish than other people? Explain why or why not. Include numbers to justify your answer

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Oct 2017 09:10 PM My Price 7.00

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