Find probability randomly chosen us adult invests in stocks

Reference no: EM13149494

It is estimated % of all adults in United States invest in stocks and that % of U.S. adults have investments in fixed income instruments (savings accounts, bonds, etc.). It is also estimated that % of U.S. adults have investments in both stocks and fixed income instruments.

(a) What is the probability that a randomly chosen U.S. adult invests in stocks, given that s/he invests in fixed income instruments? Round your answer to decimal places.

Reference no: EM13149494

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