THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 5

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Consider a sample space defined by events A₁,A₂,B₁,B₂.Let P(A₁)= 0.40 ,P(B₁ ∣ A₁)= 0.60
and P(B₁ ∣ A₂)= 0.70
-What is P(A₂ ∩ B₂)?

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Definitions:

Securities

Tradable assets indicating an equity stake in a company available on the public market, a lending relationship with either a governmental agency or a corporation (bond), or the rights to own shares as depicted by an option.