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Contingency Table 3 decimal places, rounded correctly, such as 0.250 or 0.367. The contingency table gives the results of a study concerning clients' risk
Contingency Table 3 decimal places, rounded correctly, such as 0.250 or 0.367. The contingency table gives the results of a study concerning clients' risk levels and preferences for different fund types at a brokerage firm. a) What is probability of a client with High Risk Level and is investing in a Growth Fund? b) If the risk level is low, what is probability of a Value Fund type? c) If the Fund Type is Value, what is probability of Average Risk Level? d) What is the probability of an Average Risk Level? Fund Type Fund Type Risk Level Growth Value Low 16 25 Average 199 97 High 54 16 Totals
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