Question: Please help me to solve this question Question 4: A bank classifies borrowers as high risk and low risk. Only 15% of its loans are

Please help me to solve this question Question 4: A bank

Please help me to solve this question

Question 4: A bank classifies borrowers as high risk and low risk. Only 15% of its loans are made to those in the high-risk category. Of all its loans, 5% are in default, and 40% of those in default were made to high-risk borrowers. What is the possibility that a high-risk borrow will default

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