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:

Racial Identity Development

The series of predictable stages that people of color go through as they struggle to make sense of their relationship to their own cultural group as well as to the oppression of mainstream culture. A parallel process has been suggested for Whites.

Dominant Group

A group within a society that holds the most power, often setting standards and norms for others to follow.

Ethnic Group

Any distinguishable group of people whose members share a common culture and see themselves as separate and different from the majority culture.

Communal Support Systems

Networks within communities that provide support, resources, and assistance to members, fostering a sense of belonging and mutual aid.