A financial advisor has classified her clients according to their level of investment whether they invest in bonds, stocks, or mutual funds.The number of clients in each category are shown in the following table. What is the probability that a randomly selected client invests no more than $200, 000? What is the probability that a randomly selected client invests at least $100,000 and invested in stocks? What is the probability that a randomly selected client invests over $200,000 or invests in Mutual Funds? Given a client invests in Bonds, what is the probability that the investment is less than $100,000? What is the probability that a randomly selected client invests over $200,000 out of those that invested in Stocks? What proportion of those that did not invest in Mutual funds invested over $200,000?
Investment Type |
|||
Investment Level |
Bonds (B) |
Stocks (S) |
Mutual Funds (M) |
Below $100,000 (A1) |
16 |
12 |
22 |
$100,000 – $200,000 (A2) |
25 |
18 |
45 |
Over $200,000 (A3) |
15 |
34 |
13 |
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