THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 19

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The probability that interest rates on housing loans will go up in the next 6 months is estimated to be 0.20.The probability that house sales will decrease is estimated to be 0.6.The probability that interest rates will go up and house sales will decrease is estimated to be 0.15.
-The probability of an increase in interest rates and not a decrease in house sales is:

• A)0.20
• B)0.05
• C)0.25
• D)0.50

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