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Mathematics, 30.04.2021 23:50 bennett2968

Of all the foreclosures in the United States, 48% are caused by disability. Injured or sick people are unable to work, thus losing their job and income. With no income, they cannot make payments on their mortgages and the bank executes a foreclosure. Since 20 foreclosures are audited by a large lending institution, find the probability that nine of the foreclosures are due to disability.

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Of all the foreclosures in the United States, 48% are caused by disability. Injured or sick people a...
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