Club Members a Survey of a Club's Members Indicates That

question 11

Short Answer

Club Members A survey of a club's members indicates that 50% own a home,80% own a car,and 90% of the homeowners who subscribe also own a car. ​ ​
-{Club Members Narrative} What is the probability that a subscriber owns both a car and a house?

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Definitions:

Community Property

A form of concurrent property ownership in which each spouse owns an undivided one-half interest in property acquired during the marriage.

Undivided Interest

A share in property ownership rights where each owner's portion is not physically divided from the others.

Fixed-Term Tenancy

A legal agreement in which a property is leased for a specific period of time.

Express Contract

A legally binding agreement where the terms are clearly stated either verbally or in writing by the parties involved.