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A financial manager made two new investments-one in the oil industry and one in municipal bonds. After a one-year period, each of the investments will
A financial manager made two new investments-one in the oil industry and one in municipal bonds. After a one-year period, each of the investments will be classified as either successful or unsuccessful. Consider making the two new investments as an experiment with the following four experimental outcomes Experimental Outcomes E1 E2 E3 E4 Oil Industry Successful Successful Unsuccessful Unsuccessful Municipal Bond Successful Unsuccessful Successful Unsuccessful a. How many sample points exist for this experiment? b. Choose a tree diagram. b. Choose a tree diagram. Let S = successful U - unsuccessful A. Oil Bond 2 B. Oil Bond 1 1 C. Oil Bond Oil Bond 2 Select your answer- c Let O = the event that the oil industry investment is successful and M-the event that the municipal bond investment is successful How many sample points exist for O? How many sample points exist for M? d. Identify the sample points in the union of the events (OUM) Select your answer- e. Identify the sample points in the intersection of the events (on M. Select your answer - - f. Are events O and M mutually exclusive? -select your answer . #
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