Suppose in Greece it is known that 75% of all properties in the country is privately held and 35% is located along the coast. Of all the properties located along the coast, 57% is privately owned.
a. What is the probability that a randomly chosen property in Greece is privately held and located along the coast?
b. What is the probability that a property is privately held or is located along the coast
c. What is the probability that a privately owned property is located along the coast?
d. Are ownership and location statistically independent?