THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
An investment firm has classified its clients according to their gender and the composition of their investment portfolio (primarily bonds,primarily stocks,or a balanced mix of bonds and stocks).The proportions of clients falling into the various categories are shown in the following table:
Portfolio Composition
One client is selected at random,and two events A and B are defined as follows:
A: The client selected is male.
B: The client selected has a balanced portfolio.
-What is P(B)?
Definitions:
Q28: Calculate and interpret the value of the
Q63: What is the standard deviation of the
Q79: What is the area under the normal
Q85: If the random variable Z follows a
Q88: Find the standard deviation of X.
Q113: Calculate the median.
Q161: The use of permutations or combinations is
Q166: The standard deviation of a discrete random
Q236: What is the probability that you receive
Q289: Give an example to illustrate that the