In a loan database, there are 10 loans to clients with 15 years of bus

urca3m403

urca3m403

Answered question

2021-11-27

In a loan database, there are 10 loans to clients with 15 years of business experience. Also, there are 79 loans made to clients with a Graduate education. In the database there are 86 loans to clients with 15 years of experience or who have a Graduate education. How many loans were made to clients with a Graduate education who also had 15 years of experience?
Answer = ? loans

Answer & Explanation

Robert Harris

Robert Harris

Beginner2021-11-28Added 23 answers

Step 1
Denote
A: having 15 years of experience
B: having graduation
n(A): number of loans to event A.
Therefore, we have
n(A)=15
n(B)=79
n(AB)=86
We have to find n(AB).
Step 2
We know
n(AB)=n(A)+n(B)n(AB)=15+7986=8.
Therefore answer is 8 loans.

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