Question: The loan approval process is relatively predictable. Customers with good credit have a 91% probability is receiving the loan approval. Customers with bad credit have

The loan approval process is relatively predictable. Customers with good credit have a 91% probability is receiving the loan approval. Customers with bad credit have a 21% percent loan approval rate. About 67% of the customers that apply for a loan have good credit. What is the probability that a client has good credit knowing that the loan was not approved?

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