Answer
$0.932$
Work Step by Step
$E=${Current,Past Due}
$fr(E)=136,330+53,310=189,640$
$N=203,480$
$P(E)=\frac{fr(E)}{N}=\frac{189,640}{203,480}\approx 0.932$
Finite Math and Applied Calculus (6th Edition)
by Waner, Stefan; Costenoble, Steven
Published by
Brooks Cole
ISBN 10:
1133607705
ISBN 13:
978-1-13360-770-0
Chapter 7 - Section 7.3 - Probability and Probability Models - Exercises - Page 483: 47a
Update this answer!
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.
