Details In a loan database, there are 62 loans to clients with 16 years of business experience. Also, there are 31 loans made to clients with a High School education. In the database there are 74 loans to clients with 16 years of experience or who have a High School education. How many loans were made to clients with a High School education who also had 16 years of experience?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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In a loan database, there are 62 loans to clients with 16 years of business experience. Also, there are 31
loans made to clients with a High School education. In the database there are 74 loans to clients with 16
years of experience or who have a High School education. How many loans were made to clients with a
High School education who also had 16 years of experience?
Answer =
Transcribed Image Text:In a loan database, there are 62 loans to clients with 16 years of business experience. Also, there are 31 loans made to clients with a High School education. In the database there are 74 loans to clients with 16 years of experience or who have a High School education. How many loans were made to clients with a High School education who also had 16 years of experience? Answer =
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Answer:- Let , Loans to clients with 16 years of business experience , n(A) = 62 

Loans to clients with a high school education , n(B) = 31 

Loans to clients with 16 years of business experience or a high school education is, n(A ∪B) = 74 

Using formula, 

n(A ∩ B) = n(A) + n(B) -n(A ∪B)

 

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