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The following contingency table shows mortgages issued by default status in states with a high number of defaults. Calculate the probability that a mortgage randomly

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The following contingency table shows mortgages issued by default status in states with a high number of defaults. Calculate the probability that a mortgage randomly selected from this pool is in default. Enter your answer as a decimal to four decimal places. CountOfOIJTCOIE Column Labels B Row Labels default non-default Grand Total GA 66 1,229 1,295 131 50 353 1,018 NC 23 524 547 IL 23 793 3115 FL 20 1,925 1.345 MI 19 393 417 IN 17 207 224 A2 15 453 469 NY 15 557 582 Gland Total 243 7.164 7.413

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