NARRBEGIN: Mutual Fund Price
Mutual Fund Price
An investor estimates that there is a 75% chance that a particular mutual fund's price will increase to $100 per share over the next three weeks, based past data.NARREND
-The sample space of the toss of a balanced coin is S = {1, 2, 3, 4, 5, 6}. If the die is balanced, each simple event (outcome) has the same probability. Find the probability of the following events:
a.Rolling an odd number
b.Rolling a number less than or equal to 3
c.Rolling a number greater than or equal to 5
d.Rolling a number between 2 and 5, inclusive.
Correct Answer:
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b.3/...
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