THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 90

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A stock analyst has provided estimates of a corporation's expected return over the next year.This return is likely to depend on the interest rate,so the analyst has developed the following two-way table.
-What is the probability that either the corporation's return is less than 12% or the interest rate is at least 3% or both?

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Definitions:

Optimism

A mental attitude characterized by hope and confidence in success and a positive future.

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The 36th President of the United States, serving from 1963 to 1969, known for his domestic policies on civil rights, poverty, and healthcare.

Civil Rights Law

Legislation aimed at guaranteeing individuals the right to receive equal treatment and to be free from unfair treatment or discrimination.

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