jenniferrojero0 jenniferrojero0
  • 25-05-2018
  • Mathematics
contestada

The probability of Jamie making money investing in bonds is 1/20. The probability of Jamie making money investing in stocks is 82% percent.

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altavistard
altavistard altavistard
  • 25-05-2018
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.

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lostbraincells
lostbraincells lostbraincells
  • 24-08-2020

Answer:

B = Jamie makes more money investing in stocks

Step-by-step explanation:

Ver imagen lostbraincells
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