Question

2. a survey of 200 college graduates who have been working for at least three years found that 75 owned only mutual funds, 35 only stocks, and 90 owned both. a. what is the probability that an individual owns a stock

Answer 1

Using it's concept, it is found that there is a 0.625 = 62.5% probability that an individual owns a stock.

What is a probability?

A probability is given by the number of desired outcomes divided by the number of total outcomes.

In this problem, out of 200 graduates, 35 + 90 = 125 of them own stocks, hence:

p = 125/200 = 0.625.

There is a 0.625 = 62.5% probability that an individual owns a stock.

More can be learned about probabilities at brainly.com/question/14398287