Your answer should be 1/6 because you are dividing thing by the number.
1. Use a computer to randomly select 30 student IDs from all her students2. If the ice cream store owner asks 2300 people, will most likely pick cheesecake to be the flavor of the month.3. I would need the line plot4. I would need the graph to solve5. I would need the graph to solveClick to let others know, how helpful is it
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Complete question :
It is estimated 28% of all adults in United States invest in stocks and that 85% of U.S. adults have investments in fixed income instruments (savings accounts, bonds, etc.). It is also estimated that 26% of U.S. adults have investments in both stocks and fixed income instruments. (a) What is the probability that a randomly chosen stock investor also invests in fixed income instruments? Round your answer to decimal places. (b) What is the probability that a randomly chosen U.S. adult invests in stocks, given that s/he invests in fixed income instruments?
Answer:
0.929 ; 0.306
Step-by-step explanation:
Using the information:
P(stock) = P(s) = 28% = 0.28
P(fixed income) = P(f) = 0.85
P(stock and fixed income) = p(SnF) = 26%
a) What is the probability that a randomly chosen stock investor also invests in fixed income instruments? Round your answer to decimal places.
P(F|S) = p(FnS) / p(s)
= 0.26 / 0.28
= 0.9285
= 0.929
(b) What is the probability that a randomly chosen U.S. adult invests in stocks, given that s/he invests in fixed income instruments?
P(s|f) = p(SnF) / p(f)
P(S|F) = 0.26 / 0.85 = 0.3058823
P(S¦F) = 0.306 (to 3 decimal places)
I think it's B, there no repeating number.
Ratios can be written as fractions
24:28 = 24/28...this can reduce to 6/7....as a ratio 6:7
if that is not an answer choice, then any fraction that is equivalent to 24/28, written as a ratio will be ur answer
