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12 Alter estimating the probability that an investment manager wil exceed his benchmark return in each of the next two quarters, an analyst wants to
12
Alter estimating the probability that an investment manager wil exceed his benchmark return in each of the next two quarters, an analyst wants to forecast the probability that the investment manager will exceed his benchmark return over the two-quarter period in total. Assuming that each quarter's performance is Independent of the other, which probability rule should the analyst select? Addition rule Multiplication rule Conditional Probability Total probability rule Step by Step Solution
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