One interpretation of this problem would be:
The prob. that Jamie both makes money in both bonds and stocks is
(1/20)(0.82), approximately. That comes out to 0.041. This is true onlyl if the two given events are completely independent, which is most likely not the case, because simiilar business climates affect both stocks and bonds.
Answer:
-15+9=-6 --------> -6-12=-18
15 represents where he started, then he rises upward 9 and then gets to 6. Afterwards he goes down 12 and ends up at 18 which is 3 feet lower then where he originally started.
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Step-by-step explanation:
