The probability that production will increase if interest rates decline more than 0.5 percentage point for a

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The probability that production will increase if interest rates decline more than 0.5 percentage point for a given period is 0.72. The probability that interest rates will decline by more than 0.5 percentage point in the period in question is 0.25. What is the probability that, for the period in question, both the interest rate will decline and production will increase?
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Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

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