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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, and 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 at least one of the funds will rise in price?
0/2
- 0.60
- 0.76
- 0.24
- None of the suggested answers are correct
- 0.46
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