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A hedge fund is deciding whether to invest in stocks or bonds. Historically they invest in bonds twice as often as stocks. The probability of
A hedge fund is deciding whether to invest in stocks or bonds. Historically they invest in bonds twice as often as stocks. The probability of making the right decision given stocks were chosen is 0.46 while the probability of making the right decision given bonds were chosen is 0.65. Determine the probability of a right decision. Determine the probability of stocks given the right decision was made. Determine the probability of bonds given the right decision was made. please solve clearly step by step
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