An analysis of personal loans at a local bank revealed the following facts: 10% of all...
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An analysis of personal loans at a local bank revealed the following facts: 10% of all personal loans are in default (D), 90% of all personal loans are not in default (D), 20% of those in default are homeowners (HID), and 70% of those not in default are homeowners (H | D"). If a personal loan is selected at random P (HND)= 0.20 B) 0.63 0.90 0.18 An analysis of personal loans at a local bank revealed the following facts: 10% of all personal loans are in default (D), 90% of all personal loans are not in default (D), 20% of those in default are homeowners (HID), and 70% of those not in default are homeowners (H | D"). If a personal loan is selected at random P (HND)= 0.20 B) 0.63 0.90 0.18
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10 of all personal loans are in default D 90 of all person... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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