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A newspaper investigation of mortgage approval rates in a certain city for white and Black applicants found that 76% of the Black applicants were approved
A newspaper investigation of mortgage approval rates in a certain city for white and Black applicants found that 76% of the Black applicants were approved for mortgages while 85% of the white applicants were approved. What is the risk ratio for Black applicants compared to white applicants in being turned down for a mortgage? A. 1.6 B. 1.3 C. 1.2 D. 0.85 E. 0.24
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