Alison Has All Her Money Invested in Two Mutual Funds

question 99

Multiple Choice

Alison has all her money invested in two mutual funds, A and B. She knows that there is a 40% chance that fund A will rise in price, and a 60% chance that fund B will rise in price given that fund A rises in price. What is the probability that both fund A and fund B will rise in price?

• A) 0.24
• B) 0.40
• C) 0.76
• D) 1.00

Learn about the theories explaining altruistic behavior and interindividual aggression.

Grasp the significance of kin selection and reciprocal altruism in evolutionary theory.

Identify factors contributing to dominance hierarchies in animal and human societies.

Understand the role of genetic and environmental factors in determining traits and behaviors.

---

Definitions:

Contra Account

An account used in the general ledger to reduce the value of a related account when the two are netted together.