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A table displays the data of the First Bank of Silverhaun (FBS) has collected on

ID: 3052140 • Letter: A

Question

A table displays the data of the First Bank of Silverhaun (FBS) has collected on personal savings accounts on its job holding customers. The table includes data on the distribution of the number of accounts held by homeowners vs non-homeowners, and by whether customers are self-employed or is employed by a firm in which he or she does not have ownership an ownership stake. If self-employed individuals Homeownership is 12% and Non-homeowners are 3%, Compared to Employee homeownership of 58% and Non-homeownship of 27%

What is the probability that a given account-holder is self-employed?


Explanation / Answer

here from given information:

threfore from above   probability that a given account-holder is self-employed =0.12+0.03 =0.15

( please revert if there are other sub parts of this)

home owner non home owner Total self employed 0.12 0.03 0.15 employee 0.58 0.27 0.85 Total 0.7 0.3 1
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