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

What is the probability

Assignment Help Basic Statistics

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

Questions Cloud

What organizing to implement vertical integration means : Please explain in detail what "Organizing to implement vertical integration" means and how it involves organizational structure, management controls and compensation policies.

Dictum of management theory : It has long been a dictum of management theory that leaders must adapt their behavior to fit the specifics of a situation. Discuss whether transformational leadership is appropriate for all occasions. In which situations might it not be effective and..

Backtracking algorithm : COSC 2007 -Data Structures - The backtracking algorithm helps the mouse by systematically trying all the routes through the maze until it either finds the exit or exhausts all possible routes

What are difference between discrete and continuous variable : qnt 275-What are the differences between quantitative and qualitative variables? What are the differences between discrete and continuous variables.

What is the probability : 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?

What will be the price level of the overall economy : ECON 3123- Suppose that the economy consists of two types of firms. Flexible price firms, who set prices P + a(Y - Y¯), and sticky price firms, who set prices E(P). Fraction s of the firm population is sticky. What will be the price level of the o..

Probability that randomly chosen user could not use a device : If there were 18 million users of handheld data devices of this kind on that day, what is the probability that a randomly chosen user could not use a device?

What is the probability that a randomly chosen : If there were 18 million users of handheld data devices of this kind on that day, what is the probability that a randomly chosen user could not use a device?

Prepare plan of kitchen design for international competition : Prepare a Scope Management Plan for Kitchen design for international competition. There is in the file attachment the general idea about project and there is a link illustrates the work required.

User Account

All Pages