The Probability That House Sales Will Increase in the Next

question 88

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:

Negation

A grammatically correct construction used to assert that a statement is false.

Disjunction

A grammatically correct construction used to assert that one or both of two statements are true.

Truth Table

A mathematical table used in logic to determine the truth value of logical expressions based on their variables' truth values.

Imply

To suggest or express something indirectly or covertly, leaving the full meaning to be inferred by the audience.