Author Question: A deed of trust is a three-party arrangement to secure a loan with real property. Indicate ... (Read 123 times)

crobinson2013 · **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?

maya.nigrin17@yahoo.com · **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.