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A stock broker has classified her portfolio of stocks by industry sector and investment objective. The results are given in the table below: Electronics Airlines

A stock broker has classified her portfolio of stocks by "industry sector" and "investment objective." The results are given in the table below:

Electronics Airlines Healthcare
Slow growth 64 55 85 204
Moderate Growth 80 70 57 207
Rapid Growth 65 74 50 189
209 199 192 600
  • Suppose a stock is selected at random. What is the probability the stock is in the airline sector? Enter your answer in blank #1.
  • Suppose a stock is selected at random. What is the probability the stock is in the electronics sector and is moderate growth? Enter your answer in blank #2.
  • Suppose a stock is selected at random. What is the probability the stock is in the healthcare sector or is slow growth? Enter your answer in blank #3.
  • Suppose a stock is selected at random. What is the probability the stock is a rapid growth stock given that it is an electronics stock? Enter your answer in blank #4.
  • Are the events "healthcare" and "moderate growth" independent? Explain your answer. Enter your answer in blank #5.

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