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Find the assessed values of local properties

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Question: Homes. Funding for many schools comes from taxes based on assessed values of local properties. People's homes are assessed higher if they have extra features such as garages and swimming pools. Assessment records in a certain school district indicate that 37% of the homes have garages and 3% have swimming pools. The Addition Rule might suggest, then, that 40% of residences have a garage or a pool. What's wrong with that reasoning?

Reference no: EM131647485

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