SOLUTION: Suppose that 34% of the people who inquire about investments at a certain brokerage firm end up investing in stocks, 30% end up investing in bonds, and 35% end up investing in stoc
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Question 407504: Suppose that 34% of the people who inquire about investments at a certain brokerage firm end up investing in stocks, 30% end up investing in bonds, and 35% end up investing in stocks or bonds (or both). What is the probability that a person who inquires about investments at this firm will invest in both stocks and bonds? Answer by jim_thompson5910(35256) (Show Source):
You can put this solution on YOUR website! Hint: It helps to remember that P(A or B) = P(A) + P(B) - P(A and B) for some events A and B.
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