An investor made 45% of investment in stocks, 15% in mutual funds and the rest in his personal business. There are 25%,
Posted: Thu Jan 13, 2022 5:48 am
An investor made 45% of investment in stocks, 15% in mutual funds and the rest in his personal business. There are 25%, 10% and 20% of chances of obtaining profit in stocks, mutual funds and personal business respectively. (4 Marks) a) What is the probability that the investor gets profit. b) Given that the investor has got some profit, what are the probabilities that he got it from stocks, mutual funds and business.