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The following contingency table shows mortgages issued by default status in states with a high number of defaults. Calculate the conditional probability a mortgage issued
The following contingency table shows mortgages issued by default status in states with a high number of defaults. Calculate the conditional probability a mortgage issued by this bank defaults given that it is in GA. Enter your answer as a decimal to four decimal places. Count of OUTCOME Column Labels Row Labels IT default non-default Grand Total GA 66 1,229 1,295 TX 50 968 1,018 NC 23 624 647 23 793 816 20 1,925 1,945 19 398 417 17 207 224 16 453 469 NY 15 567 582 Grand Total 249 7,164 7,413
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