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Given that the student has not received a college degree, what is the probability that the student has a delinquent loan? Bb Week-3 - QBA775-898-FA21:

Given that the student has not received a college degree, what is the probability that the student has a delinquent loan?

Bb Week-3 - QBA775-898-FA21: Quantitative Methods-F... MindTap - Cengage Learning Assignment 02.docx : MATHS 2107 : Mich MINDTAP Q Search this c signment-2 Check My Work (3 remaining) More than 40 million Americans are estimated to have at least one outstanding student loan to help pay college expenses ("40 Million Americans Now Have Student Loan Debt", CNNMoney, September 2014). Not all of these graduates pay back their debt in satisfactory fashion. Suppose that the following joint probability table shows the probabilities of student loan status and whether or not the student had received a college degree. If needed, round your answers to three decimal digits. College Degree Yes No Loan Satisfactory 0.17 0.24 0.41 Status Delinquent 0.16 0.43 0.59 0.33 0.67

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