The Probability That House Sales Will Increase in the Next

question 13

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 neither house sales nor interest rates will increase during the next 6 months is

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

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Definitions:

Plains Peoples

Refers to the diverse groups of Native American tribes who inhabited the Great Plains of North America, known for their hunting and nomadic or semi-nomadic lifestyles.

Northwest Coast

A region known for its rich indigenous cultures and art, located along the Pacific coast of North America, from Alaska through British Columbia to Northern California.

Professional Artists

Individuals who engage in the creation of art as their primary profession, often possessing formal training and participating in the art market.

Reliable Environment

A setting or context that consistently provides safety, support, and stability, often used in reference to ecosystems, workplaces, or digital systems.