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)
Answer:
1.33
Step-by-step explanation:
y2-y1/x2-x1
=11+1/-3-6
=12/-9
=-4/3
=1.33
Answer:
x > 77
Step-by-step explanation:
According to order of operations rules, we must carry out division before addition or subtraction. In this case we wish to isolate x and are permitted to simplify the inequality by combining the "like terms" 3 and 8, as follows:
X/7-3>8
+3 +3
--------------
x/7 > 11
The easiest way in which to solve for x is to multiply both sides of this inequality by 7:
7(x/7) > 7(11), or
x > 77
All numbers greater than 77 are part of the solution set.
Since 
and 
, we can rewrite the right side of the equation as
Using the identity 
, we can subtract 
from either side to obtain the identity 
substituting that into our previous expression, the right side of our equation simply becomes
We can now write our whole equation as
Adding 2 to both sides:
dividing both sides by 3:
When 0 ≤ x ≤ π, tan x can only be equal to 1 when sin x = cos x, which happens at x = π/4, and it can only be equal to -1 when -sin x = cos x, which happens at x = 3π/4
