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4. Hurricanes can create a lot of property damage, which can cost insurance companies millions of dollars in home repairs. Damage is typically caused by
4. Hurricanes can create a lot of property damage, which can cost insurance companies millions of dollars in home repairs. Damage is typically caused by water damage from storm surges or wind. Suppose the probability of property damage from a storm surge is 90% and the probability of property damage from wind is 12%. The probability of property damage from both is 10%. What is the probability of property damage caused by storm surge or wind? (5 points)
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