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:

Alogia

A decrease in speech or speech content; a symptom of schizophrenia. Also known as poverty of speech.

Fluency

The ability to express oneself easily and articulately, often referring to proficiency in a language or other modes of communication.

Productivity

The effectiveness and efficiency with which individuals or organizations achieve their goals, often measured in terms of output over time.

Hallucinations

Perceptions of objects, sounds, or sensations with no external source, often occurring in psychiatric conditions.