Find Each of the Following Percentages

question 21

Essay

Find each of the following percentages.
A. What percent of the clients are over age 50 who invests in mutual funds?
b. What percent of clients over age 50 invest in mutual funds?
c. What percent of the mutual fund investors are over age 50?

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Definitions:

Individual Units

Individual units refer to the single, distinct items or entities that can be counted or measured, often used in reference to products or components in economics and various sciences.

Household

A basic economic unit consisting of all the individuals who live together and make joint decisions.

Industry

A group of companies or organizations producing similar goods or services, often characterized by competition and innovation.

Positive Statement

An objective statement based on facts and evidence that can be tested and verified.