What is the probability, Assume that 2% invest in both

What is the probability

Reference no: EM131369514

According to an article in Fortune, institutional investors recently changed the proportions of their portfolios toward public sector funds.

The article implies that 8% of investors studied invest in public sector funds and 6% in corporate funds.

Assume that 2% invest in both kinds. If an investor is chosen at random, what is the probability that this investor has either public or corporate funds?

Reference no: EM131369514

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