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  3. 4 14 a credit union takes a sample of four mortgag

4 14 A credit union takes a sample of four mortgages each month to survey...

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4 14 A credit union takes a sample of four mortgages each month to survey the homeowners satisfaction with the credit union s servicing of their mortgage Each mortgage is classified as a fixed rate F or variable rate V a What are the 16 possible combinations of the four mortgages Hint One such possibility would be F V V3F4 b List the combinations in event A At least three of the mortgages are variable rate

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