Answer
$.942$
Work Step by Step
We are interested in the event $E=${Current, Past Due, In Foreclosure}
$fr(E)=130,400+73,260+72,380=276,040$
$N=293,040$
$P(E)=\frac{fr(E)}{N}=\frac{276,040}{293,040}\approx 0.942$
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: 48b
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