Suppose it is known that 85 of the people who inquire about, Ask an Expert

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Suppose it is known that 85% of the people who inquire about investment opportunities at a brokerage house end up purchasing stock, and 33% end up purchasing bonds.

It is also known that 28% of the inquirers end up getting a portfolio with both stocks and bonds. If a person is just making an inquiry, what is the probability that she or he will get stock or bonds or both (i.e., open any portfolio)?

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Statistics and Probability, Statistics

Category:- Statistics and Probability
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