Answer:
$7.91
Step-by-step explanation:
4.75 + .79(4)
4.75 + 3.16
7.91
Answer:
80% of 8.75=7. I'm pretty sure this is the reason.
The answer would be one chance in seven.
Answer:
Step-by-step explanation:
divide 60/31 55/46 the answer you multiply
Answer:
the probability of a client owning stocks OR bonds is 0.825
Step-by-step explanation:
The computation of the probability of a client owning stocks OR bonds is given below:
= P(stocks) + P(bonds) - P(stocks and bonds)
= 0.60 + 0.50 - (0.55 × 0.50)
= 0.60 + 0.50 - 0.275
= 0.825
Hence, the probability of a client owning stocks OR bonds is 0.825