An insurance agency sells auto and home insurance policies, Business Economics

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An insurance agency sells auto and home insurance policies

An insurance agency sells auto and home insurance policies and has 1000 clients. The data below show the distribution of the clients. 300 clients purchase only auto insurance policies 500 clients purchase both, auto AND home insurance policies 200 clients purchase only home insurance policies.

What is the probability that a randomly selected client purchases ONLY home insurance from this agency?

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Business Economics: An insurance agency sells auto and home insurance policies

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Business Economics: An insurance agency sells auto and home insurance policies

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