What is the probability that she is a bull investor

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Problem: A recent survey discovered that 64% of investors who adopted a bull position lost their invested wealth in less than 6 months after the initiative. Only 11% of bear investors happen to lose their invested wealth in less than 6 months. Suppose that in the oil stock market approximately 26% of its investors belong to bear category. If an individual investor in this market lost her wealth in less than half a year, what is the probability that she is a bull investor? Please provide the complete solution of this problem.

Reference no: EM132415825

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