The Probability of an Event,A,is Formally Defined as the Number

question 35

Multiple Choice

The probability of an event,A,is formally defined as the number of observations favoring event A divided by the:

• A)total number of possible observations
• B)total number of possible events
• C)proportion of observations
• D)proportion of events

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Definitions:

Mutual Fund

An investment vehicle that pools money from multiple investors to buy a diversified portfolio of stocks, bonds, or other securities.

No-load Mutual Fund

A mutual fund that does not charge any type of sales load or commission to investors.

Expense Ratio

Expense Ratio is the annual fee that mutual funds, exchange-traded funds (ETFs), and other pooled investment products charge their shareholders, expressed as a percentage of assets under management.

Rate of Return

The profit or deficit experienced from an investment, represented as a percentage of the investment's starting price.