A deed of trust is a three-party arrangement to secure a loan ...

[crobinson2013]

A deed of trust is a three-party arrangement to secure a loan with real property.
 
  Indicate whether the statement is true or false

Question 2

At a certain university, 70 of the students own cars. However, only 45 of the
  residence hall students own cars. Are the events owning a car and living in a residence
  hall independent? Explain.
 
  What will be an ideal response?

[maya.nigrin17@yahoo.com]

Answer to Question 1

TRUE

Answer to Question 2

No; P(owning car) = .7 and P(owning car  residence hall) = .45; Since these probabilities are not equal, the events
are not independent.

[crobinson2013]

Thanks for the timely response, appreciate it

[ghepp]

Excellent