Suppose15%of the population are 64 or over, 30% of those 64 or over have loans, and 55% of those under 64 have loans. Find the probabilities that a person fits into the following categories. (a)64 or over and has a loan (b) Has a loan (c) Are the events that a person is 64 or over and that the person has a loan independent? Explain. (a) The probability that a person is 64 or over and has a loan is _______. (Type an integer or decimal rounded to three decimal places as needed.) B. C.

Suppose15%of the population are 64 or over, 30% of those 64 or over have loans, and 55% of those under 64 have loans. Find the probabilities that a person fits into the following categories. (a)64 or over and has a loan (b) Has a loan (c) Are the events that a person is 64 or over and that the person has a loan independent? Explain. (a) The probability that a person is 64 or over and has a loan is _______. (Type an integer or decimal rounded to three decimal places as needed.) B. C.

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Question

22 7.5

Suppose15%of the population are 64 or over, 30% of those

64 or over have loans, and 55%

of those under 64
have loans. Find the probabilities that a person fits into the following categories.

(a)64 or over and has a loan

(b) Has a loan

(a) The probability that a person is 64 or over and has a loan is _______.

(Type an integer or decimal rounded to three decimal places as needed.)

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