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A summary of home ownership statuses of loan applicants is displayed in the pie chart below. rent 62% 11% mortgage 11% own 27% 27%
A summary of home ownership statuses of loan applicants is displayed in the pie chart below. rent 62% 11% mortgage 11% own 27% 27% Suppose a loan is selected at random. What is the probability that the applicant owns his/her home? What is the probability that the applicant rents? What is the probability that the applicant does not have a mortgage?
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