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Mathematics, 21.04.2021 22:30 Braxton12

Show all your work. Indicate clearly the methods you use, because you will be scored on the correctness of your methods as well as on the accuracy and completeness of your results and explanations. A large national bank determines if each of its branches is profitable or not profitable. Additionally, the location of each branch is classified as urban, suburban, or rural. A summary of the profitability and location type of a random sample of 175 of the bank’s branches is shown in the table.

Profitable Not Profitable
Urban 64 17
Suburban 39 22
Rural 18 15
(a) From the sample of 175 branches summarized above:

(i) What proportion of branches are profitable?
(ii) What proportion of branches from an urban location are profitable?
(iii) What proportion of branches from a rural location are profitable?

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