<PRE><B>Question 251397</B>
This contingency table shows average yield (rows) and average duration (columns) for 38 bond
funds. For a randomly chosen bond fund, find the probability that:
a. The bond fund is long duration.: 15/38
b. The bond fund has high yield.: 15/38
c. The bond fund has high yield given that it is of short duration.:2/11
d. The bond fund is of short duration given that it has high yield.: 2/16
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Cheers,
Stan H.



Yield	Short (D1) Inter(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
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