According to an article in fortune institutional investors, Ask an Expert

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According to an article in Fortune, institutional investors recently changed the proportions of their portfolios toward public sector funds.

The article implies that 8% of investors studied invest in public sector funds and 6% in corporate funds.

Assume that 2% invest in both kinds. If an investor is chosen at random, what is the probability that this investor has either public or corporate funds?

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92179359

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