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STAT 125 HK Business Statistics Midterm Exam
STAT 125 HK Business StatisticsMidterm Exam Question 1The probability thathouse sales will increase in the next 6 months is estimated to be 0.25. Theprobability that the interest rates on housing loans will go up in the sameperiod is estimated to be 0.74. The probability that house sales or interestrates will go up during the next 6 months is estimated to be 0.89. Theprobability that house sales will increase but interest rates will not duringthe next 6 months is:1. 0.0652. 0.153. 0.514. 0.89T_m
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