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Ray Crofford Is Evaluating Investment Alternatives for the $100,000 Which

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Ray Crofford is evaluating investment alternatives for the $100,000 which he inherited from his grandfather.His investment advisor has identified two alternatives and constructed the following tables which show (1) expected profits (in $10,000's) for various market conditions and their probabilities,and (2) the advisor's track record on predicting Bull and Bear markets. Ray Crofford is evaluating investment alternatives for the $100,000 which he inherited from his grandfather.His investment advisor has identified two alternatives and constructed the following tables which show (1) expected profits (in $10,000's) for various market conditions and their probabilities,and (2) the advisor's track record on predicting Bull and Bear markets.   The probability that the advisor predicts a Bull market and the Bull market is the actual condition p(F<sub>1</sub>ᴖS<sub>1</sub><sub>) </sub> is ________. A) 0.78 B) 0.9 C) 0.953 D) 0.923 E) 0.72 The probability that the advisor predicts a Bull market and the Bull market is the actual condition p(F1ᴖS1) is ________.


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