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Company A Company C Total

No Announcement 4 3 7

Follower 3 3 6

Leader 4 5 9

Total 11 11 22

1. The probability of a randomly selected observational unit appearing in the first


two rows is 13/22 or .5909 (all decimal values rounded to 4 places)
2. The probability of selecting an observational unit in the first row or second
column is 15/22 or .6818
3. The probability of selecting an observational unit in the first row and second
column is 3/22 or .1364
4. The probability of selecting an observational unit in the first row given it is in the
second column is 3/11 or .2727
5. The probability of selecting an observational unit from the first row and second
column without replacement is (3/22*2/21*1/20) 6/9240
We can be 95% confident that the difference in proportions between the two companies
making no announcement fall in the interval of (-.2965, .4783).

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