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A Vocational Counselor Believes That the Probability That Interest Rates

Question 72

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A vocational counselor believes that the probability that interest rates will go up is 0.40 . He further believes that the probability that a particular student will get a job at the end of the year if interest rates go up is 0.30 . Based on these estimates, the probability that both interest rates will go up and that the student will get the job is _______.

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