The Probability That House Sales Will Increase in the Next

question 63

Multiple Choice

The probability that house sales will increase in the next six 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 six months is estimated to be 0.89.
- The probability that neither house sales nor interest rates will increase during the next six months is

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

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Chosen Officials

Public servants or government representatives who have been selected or elected to their positions by a voting process or appointment.

John Winthrop

A prominent figure in early American history, serving as the Governor of the Massachusetts Bay Colony, noted for his vision of the colony as a "City upon a Hill."

Anglican Religion

The Christian tradition and community that developed from the practices and identity of the Church of England following the Protestant Reformation.

Plymouth Colony

An early British colony in North America founded in 1620 by the Mayflower Pilgrims, where they sought religious freedom.