Answer:
5 units right, 2 units up
558,739 is the correct answer.
y = 3x :) hope this helps!
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)
<span>In
the given choices, everything can be rounded into nearest tenths.
a. 66.61 – It can be rounded into 66.6
b. 5.055 – it can be rounded into 5.1
c. 4.91 – it can be rounded into 4.9
d. 6.5 – it stays as is.
So everything can be rounded into nearest tenths, however, Letter b. 5.055 is
the only one who were rounded up because the number next to tenths value is 5,
so the rules of rounding must be followed
</span>
