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Author Question: A deed of trust is a three-party arrangement to secure a loan with real property. Indicate ... (Read 116 times)

crobinson2013

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on: Jun 24, 2018
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?


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maya.nigrin17@yahoo.com

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Reply #1 on: Jun 24, 2018
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

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

tuate

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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