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Data on the 3 0 largest bond funds provided one - year and five year percentage returns for the period ending March, 3 1 2
Data on the largest bond funds provided oneyear and five year percentage returns for the
period ending March, Suppose we consider a oneyear return in excess of to be high
and a fiveyear return in excess of to be high. Onehalf of the funds had a oneyear return
in excess of of the funds had a fiveyear return in excess of and six of the funds had
both a oneyear return in excess of and a fiveyear return in excess of If one fund is
selected at random, find the following:
The probability that the fund has a high oneyear return;
The probability that the fund has a high five year return;
The probability that the fund has a high oneyear return and a high fiveyear return;
The probability that the fund has a high oneyear return or a high fiveyear return.
The probability that the fund has a high oneyear return given that the fund has a high five
year return.
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