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Group a Has a 60% Chance of Owning a Home

Question 33

Essay

Group A has a 60% chance of owning a home, while Group B has a 20% chance of owning a home. Use these examples to show that the odds ratio of owning a home is NOT the same as the ratio of the likelihoods of owning a home.

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Group A is 3 times as likely t...

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