The Probability That House Sales Will Increase in the Next

question 50

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 increase during the next 6 months is

• A)0.065.
• B)0.51.
• C)0.89.
• D)0.15.

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Definitions:

Oil Pollution

The contamination of oceans, rivers, and soils by crude or refined oil products, which can be harmful to wildlife, disrupt ecosystems, and pose risks to human health.

Double Hulls

A ship design feature where the vessel's bottom and sides have two layers, improving buoyancy and reducing the risk of spills or sinking.

Ecologically Sensitive

An area that is identified as being sensitive to changes in environmental conditions, requiring protection or special management to sustain its biodiversity and ecological processes.

Nonpoint Source

Pollution that comes from many diffuse sources rather than a single, identifiable source, often affecting water quality.