Multiple Choice
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The probability that interest rates on housing loans will go up in the next 6 months is estimated to be 0.20.The probability that house sales will decrease is estimated to be 0.6.The probability that interest rates will go up and house sales will decrease is estimated to be 0.15.
-The probability of a decrease in house sales and not an increase in interest rates is:
A) 0.45
B) 0.25
C) 0.20
D) 0.05
Correct Answer:

Verified
Correct Answer:
Verified
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