Question
Suppose that 10 percent of the stocks meeting your stock-selection criteria are in the telecommunications (telecom) industry. Also, dividend paying telecom stocks are 2 percent
Suppose that 10 percent of the stocks meeting your stock-selection criteria are in the telecommunications (telecom) industry. Also, dividend paying telecom stocks are 2 percent of the total number of stocks meeting your selection criteria. What is the probability that a stock is dividend paying, given that it is a telecom stock that has met your stock selection criteria
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Quantitative Investment Analysis
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
3rd edition
111910422X, 978-1119104544, 1119104548, 978-1119104223
