You must show all of your work to receive full credit on problems. You must write complete sentences when asked to show/prove something or provide an explanation/justification. You are encouraged to work with others, consult sources, use calculators, etc. However, only submit solutions that you fully understand. Do not submit solutions which are copied from a friend or another source. For all questions asking for probabilities you must write the probability statement of what you are asked to find. ( e.g., P( AnB)) 1. A bank classifies borrowers as "high risk" or "low risk". A recent sample of 1200 loans showed that 192 of them were in the "high risk" category. "60 of the loans are in default (meaning that payments are not being made). It is also true that out of the 1200 loans 24 are both "high risk" and in default. a) (1pt) Fully fill in the following table on your page. High Risk Low Risk ( H) (L) Default (D) Default (DS)