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Each of a sample of three home mortgages is classified as fixed rate (F ) or variable rate (V ). A = exactly one of

Each of a sample of three home mortgages is classified as fixed rate (F ) or

variable rate (V ).

A = exactly one of the three is a variable-rate mortgage

B = at most two of the selected mortgages are fixed rate

C = all three mortgages are of the same type

  1. List the sample space.
  2. List the outcomes of the events: A, B, C, A B, B C, C.
  3. Find the probability of events in part (b).

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