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The Probability of the Event A,at Least Fifty People Will

question 7

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The probability of the event A,at least fifty people will show up for traffic court today,is 35%.What is the probability of the complement of A?


Definitions:

Interest Rate

The interest rate is the percentage of the principal charged by a lender to a borrower for the use of assets, typically expressed as an annual percentage.

Years From Now

A temporal reference indicating a certain amount of time in the future from the current point.

Real Wages

Nominal wages corrected for inflation.

Money Wages

The current dollar amount of a person’s wages.

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