SOLUTION: I need help with this problem. Stats is definitely not my thing. This contingency table shows average yield (rows) and average duration (columns) for 38 bond funds. Av

Question 198622: I need help with this problem. Stats is definitely not my thing.
This contingency table shows average yield (rows) and average duration (columns) for 38 bond funds.

Average Portfolio Duration

Yield

Short(D1)

Intermediate(D2)

Long(D3)

Row Total
Small(Y1)

8

2

0

10
Medium(Y2)

1

6

6

13
High(Y3)

2

4

9

15
Column Total

11

12

15

38
Required:
For a randomly chosen bond fund, find the probability of the following:
a.

The bond fund is of long duration

b.

The bond fund has high yield

c.

The bond fund has high yield given that it is of short duration

d.

The bond fund is of short duration given that it has high yield

Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Please post the data in a rectangular array.
Cheers,
Stan H.
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