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A survey of 200 college graduates who have been working for at least 3 years found that 90 owned only mutual funds, 20 owned only stocks, and 70 owned both.
a. What is the probability that an individual owns stock? A mutual fund?
b. What is the probability that an individual owns neither stock nor mutual funds?
c. What is the probability that an individual owns either a stock or a mutual fund?
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