Answer
0.62
Work Step by Step
P(E) = $\frac{no.\ of\ outcomes\ in\ favor}{Total\ no.\ of\ outcomes}$
The table in the book shows the distribution of owners and renters. Knowing that a total of 39 million people moved, we find the probability of a given outcome.
E: a renter
Favorable outcomes= {24.2 million}
P(E) = $\frac{24.2}{39}$ =0.62