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According to a survey of American households,the probability that the residents own 2 cars if annual household income is over $50,000 is 80%.Of the households surveyed,60% had incomes over $50,000 and 70% had 2 cars.The probability that the residents of a household do not own 2 cars and have an income over $50,000 a year is:
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Money that a government has declared to be legal tender, despite it not being backed by a physical commodity, with its value stemming from the trust and acceptance of the people.
Cryptocurrencies
Digital or virtual currencies using cryptography for secure financial transactions, operating independently of a central bank.
Physical Commodity
Tangible goods that are traded, bought, or sold, such as oil, grain, or metals.
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