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An CSU LB MSF students research indicates that GDP rises 80% of the time b) 0.34, c) 0.67. Question 22 (1 point) An CSU LB
An CSU LB MSF students research indicates that GDP rises 80% of the time
b) 0.34, c) 0.67. Question 22 (1 point) An CSU LB MSF student's research indicates that GDP rises 80% of the time, and when GDP rises, interest rates rise 70% of the time. When GDP falls, interest rates fall 85% of the time. The student observes that interest rates are rising. The probability that GDP is rising is closest to: a) 56%. b) 59%. Oc) 95%. Previous Page Next Page Page 11 of 30Step by Step Solution
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