9. A survey of 100 recent college graduates found that 50 owned only mutual funds, 35 owned...

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9. A survey of 100 recent college graduates found that 50 owned only mutual funds, 35 owned only stocks, and 15 owned both.

a. What is the probability that an individual owns a stock? A mutual fund?

b. What is the probability that an individual owns neither stocks nor mutual funds?

c. What is the probability that an individual owns either a stock or a mutual fund?

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Business Analytics Methods Models And Decisions

ISBN: 9780132950619

1st Edition

Authors: James R. Evans

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Question Posted: Oct 29, 2024 09:01 AM

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9. A survey of 100 recent college graduates found that 50 owned only mutual funds, 35 owned...

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Business Analytics Methods Models And Decisions

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