Solved: All commodity traders are gamblers who risk sudden disaster, Basic Statistics

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All commodity traders are gamblers who risk sudden disaster

Question: Use conversion, obversion, and contraposition to determine whether the following arguments are valid or invalid. For those that are invalid, name the fallacy committed.

All commodity traders are gamblers who risk sudden disaster. Therefore, all gamblers who risk sudden disaster are commodity traders.

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Basic Statistics: All commodity traders are gamblers who risk sudden disaster

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Basic Statistics: All commodity traders are gamblers who risk sudden disaster

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