A broker deals only in stocks, bonds and commodities. He has 35 clients that own stocks, 28 that own bonds, 20 that own

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899559
Joined: Mon Aug 02, 2021 8:13 am

A broker deals only in stocks, bonds and commodities. He has 35 clients that own stocks, 28 that own bonds, 20 that own

Post by answerhappygod »

A Broker Deals Only In Stocks Bonds And Commodities He Has 35 Clients That Own Stocks 28 That Own Bonds 20 That Own 1
A Broker Deals Only In Stocks Bonds And Commodities He Has 35 Clients That Own Stocks 28 That Own Bonds 20 That Own 1 (33.14 KiB) Viewed 36 times
A broker deals only in stocks, bonds and commodities. He has 35 clients that own stocks, 28 that own bonds, 20 that own commodities; 11 own stocks and bonds; 9 own stocks and commodities; 8 own bonds and commodities; 3 own all three, and 12 have no investments. One of his clients is chosen randomly. What is the probability that this client owns no investment (no stocks, no bonds and no commodities)?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply