Question: Let 0 represent Overdrawing and D represent Defaulting. NC) for Not Overdrawing and ND for not defaulting. Use this notation for the remainder of the

Let 0 represent Overdrawing and D represent Defaulting. NC) for Not Overdrawing and ND for not defaulting. Use this notation for the remainder of the problem below. A. Write the three given probabilities using the symbol for conditional probability where necessary. Probability ( | ) = Probability ( | ) = Probability ( ) : B. What is the probability of Default on a loan? Show all work. Mark your final answer. C. Of those who default on their loan, what is the proportion who had previously overdrawn their account? That is, what is Pr(O|D)? Show all work. Mark your final

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