document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1036314>Question 1036314</A>: <I><SPAN STYLE=\"word-break: break-all;\"> An investor invests in stocks without being informed of all the intricacies of stock market. The probability that his 1st investment in one market sector is a good stock is 1/3 and that his second investment in an unrelated market sector is a good stock is 1/4. <BR>\n" );
document.write( "Find THE probability that: \r<BR>\n" );
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document.write( "A)At least one investment would be a good stock <BR>\n" );
document.write( "B)Both the investments would be good stocks<BR>\n" );
document.write( "C) Only one investment would be a good stock <BR>\n" );
document.write( "D)None of the investments would be a good stock. \r<BR>\n" );
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document.write( "Thanks in advance!  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #650975 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=650975\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> n investor invests in stocks without being informed of all the intricacies of stock market. The probability that his 1st investment in one market sector is a good stock is 1/3 and that his second investment in an unrelated market sector is a good stock is 1/4. <BR>\n" );
document.write( "Find THE probability that: <BR>\n" );
document.write( "A)At least one investment would be a good stock<BR>\n" );
document.write( "P(at least one good) = 1 - P(both bad) = 1-(2/3)(3/4) = 1/2<BR>\n" );
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document.write( "B)Both the investments would be good stocks<BR>\n" );
document.write( "P(both good) = 1/3 *1/4 = 1/12<BR>\n" );
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document.write( "C) Only one investment would be a good stock<BR>\n" );
document.write( "P(one good) = 1 - [(1/12)+(1/2)] = 1-7/12 = 5/12<BR>\n" );
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document.write( "D)None of the investments would be a good stock.<BR>\n" );
document.write( "P(none good) = (2/3)(3/4) = 1/2<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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