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You Have It on Good Account That the Probability of Good

Question 38

Multiple Choice

You have it on good account that the probability of good returns on energy investments is equal to that of poor returns.If we define good returns as 100% while that of poor returns is 50%,then what is the probability of getting an exact return of 75% in the next year?


A) 50%
B) 25%
C) 0%
D) there is not enough information to solve the problem.

Correct Answer:

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