Home sales and interest rates

Reference no: EM13101490

The probability that home sales will increase in the next 6 months is 0.25. The probability that the interest rates on loans will go up in the same period is estimated to be 0.74. The probability that home sales or interest rates will go up during the next 6 months is estimated to be 0.89. The probability that both home sales and interest rates will increase during the next 6 months is what?

Reference no: EM13101490

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