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:

Photosynthesis

Photosynthesis is the process by which green plants, algae, and some bacteria convert light energy and carbon dioxide into glucose and oxygen.

Aerobic Respiration

A metabolic process that converts oxygen and glucose into energy (ATP), water, and carbon dioxide.

Energy Generation

The process of converting various forms of energy, such as chemical, nuclear, or solar, into usable electrical or mechanical energy.

Photosynthetic Pigments

Molecules that absorb specific wavelengths of light and are utilized by plants and other photosynthetic organisms to capture energy from the sun.