Answer:
23%
Step-by-step explanation:
If in any year there is a 12% chance that a mutual fund will outperform the market, that is in a mutually exclusive situation where the previous years performance is not considered. In this situation where trying to calculate the probability of a mutual fund outperforming the market 2 years in a row, the answer will be 23% as according to the calculations done by the financial analyst where the probability is calculated in a situation dependent on the previous years performance.
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That is false the opposite of 7 is -7
Answer:
Step-by-step explanation:
20
×48
-------
160
800
---------
960
Hope this helps
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Answer:
Sₙ=3(1/2^n)
Step-by-step explanation:
Notice that in the given series that each term is being multiplied by 1/2, which is our common ratio. 3/2 is the first term because 3*1/2=3/2, so the expression that defines Sₙ is Sₙ=3(1/2^n)
