Answer:
Step-by-step explanation:
Money market 20%
Short-term bond 15%
Intermediate-term bond 11%
Long-term bond 5%
High-risk stock 18%
Moderate-risk stock 24%
Balanced fund 7%
a) Here, it can be seen that the probability that the selected individual owns shares in the balanced fund is 0.07
b)
Short-term bond 15%
Intermediate-term bond 11%
Long-term bond 5%
Total 31%
So it can be observed that the probability that the individual owns shares in a bond fund is 0.31
c)
High-risk stock 18%
Moderate-risk stock 24%
Total 42%
So it is observable that the probability of an individual having a shares in a stock fund is 42%. However, if we need to find probability that an indiividual does not own shares in a stock fund: 1 - 0.42 = 0.58
If you cut them into equal parts they will be 12.5 inches each piece.
Answer: 0.70
Step-by-step explanation the same as decreased by 30%" would be (1.00 - 0.30)(original cost), or 0.70(original cost)
Answer:
16/7
Step-by-step explanation:
I will assume that you mean 4/7
4*4
------- = 16/7
1*7