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Alison has all her money invested in two mutual funds, A and B. She knows that there is a 40% chance that fund A will
Alison has all her money invested in two mutual funds, A and B. She knows that there is a 40% chance that fund A will rise in price. There is a 60% chance that fund B will rise in price given that fund A rises in price. There is also a 30% chance that fund B will rise in price. What is the probability that A rises and B does not rise in price?
A. 0.16
B. 0.24
C. 0.06
D. 0.54
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