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:

Adverse Effects

Negative or harmful effects resulting from medication, treatment, or exposure to environmental substances.

Mental Health

The psychological state of someone who is functioning at a satisfactory level of emotional and behavioral adjustment.

Superego

A component of Sigmund Freud's psychoanalytic theory representing the moral conscience, part of the mind that internalizes societal rules and norms.

Ages

Different stages or periods of human life characterized by physical, psychological, and social development milestones.