Reference no: EM132518851
1. You roll two fair dice. What is the probability that the sum of the dice equals 4 or 7 or 12? (Write you answer as a non-reduced fraction; eg, 10/36)
2. You flip two fair coins, a penny and nickel. Given that you flipped at least one head, what is the probability that both coins show heads? (Write you answer as a non-reduced fraction; eg, 10/36)
3. An accountant knows that 65% of the firm's clients are women, 37% of the firm's clients invest in bonds, and that among these, 25% of the firm's clients are women investing in bonds. What percent of the firm's clients do not invest in bonds? (Write you answer as a percent; eg, 35%)
4. An accountant knows that 65% of the firm's clients are women, 37% of the firm's clients invest in bonds, and that among these, 25% of the firm's clients are women investing in bonds. What percent of the firm's clients are either women or invest in bonds? (Write you answer as a percent; eg, 35%)
5. Your financial analyst says that a stock will go to $50 with probability of 80% and will go to $60 with probability of 20%. What is the expected value for the stock? (Write you answer as an amount; eg, $35)
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