The Probability That House Sales Will Increase in the Next

question 151

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. What is the probability that neither house sales nor interest rates will increase during the next 6 months?

• A) 0.90
• B) 0.11
• C) 0.195
• D) 0.89

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A publicly funded and administered system that provides universal access to health care for Canadian citizens and permanent residents, based on need rather than the ability to pay.

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