document.write( "Question 1129371: An investment advisor believes that there is a 30% chance of making money by investing in a specific stock. If the stock makes money, then there is a 52% chance that among those making money, they would also get a dividend. Find the probability that the investor makes money but does not receive a dividend.\r
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document.write( "This was a problem I had on a homework assignment and I had difficulty getting the correct answer. My answer was 16% but I know that it is not correct. I may just be inputting the data incorrectly \n" );
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Algebra.Com's Answer #745924 by ikleyn(52803)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( " \r\n" ); document.write( "P = 0.3*(1-0.52) = 0.144 = 14.4%. ANSWER\r\n" ); document.write( "\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |