Alison has all her money invested in two mutual funds a and, Ask an Expert

Management Studies

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.

There is a 60% chance that fund B will rise in price given that fund A rises in price.

There is also a 30% chance that fund B will rise in price.

What is the probability that A rises and B does not rise in price?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92503958

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