The Probability That House Sales Will Increase in the Next

question 66

Multiple Choice

The probability that house sales will increase in the next 6 months is estimated to be 0.25.The probability that the interest rates on housing loans will go up in the same period is estimated to be 0.74.The probability that house sales or interest rates will go up during the next 6 months is estimated to be 0.89.The probability that house sales will increase but interest rates will not during the next 6 months is:

• A)0.065
• B)0.15
• C)0.51
• D)0.89

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Definitions:

Equal Opportunities

Policies and practices that aim to eliminate discrimination and ensure fairness and justice in employment and access to services and opportunities.

Accounting Fraud

Deliberate manipulation or falsification of financial records to misrepresent a company's financial position, often for personal gain.