Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An investor is evaluating to buy the shares of companies A, B and C. The probability of buying the shares of company A is 0.45,

An investor is evaluating to buy the shares of companies A, B and C. The probability of buying the shares of company A is 0.45, 0.52 of company B and 0.3 of company C. Assuming that the probabilities of buying the shares are independent. shares of the three companies, calculate the following: (Work to three decimal places) 1. What is the probability that the investor will buy the shares of B or C? 0.325 0.664 0.615 0.151 2. What is the probability that the investor will buy the shares of A and C, but not of B? 0.079 0.07 0.065 0.135 3. What is the probability that the investor will buy the shares, only from A? 0.151 0.450 0.115 0.200 4. What is the probability that the investor will buy the shares of B and C? 0.279 0.07 0.086 0.156
 

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance For Growing Enterprises

Authors: Edward W. Davis, Roger Buckland

1st Edition

1138679941, 978-1138679948

More Books

Students also viewed these Finance questions

Question

1.Which are projected Teaching aids in advance learning system?

Answered: 1 week ago

Question

What are the classifications of Bank?

Answered: 1 week ago

Question

=+3. Is the subject line effective? Why or why not?

Answered: 1 week ago

Question

=+ Find a way to establish your credibility.

Answered: 1 week ago