Question:
In 2001 the stock market took some big swings up and down. One thousand investors were asked how often they tracked their investments. The table below shows their responses. What is the probability that an investor tracks the portfolio monthly?
How often tracked? Response
Daily 235
Weekly 278
Monthly 292
Few times a year 136
Do not track 59
My answer:
235+278+292+136+59 = 1000
P(monthly) = 292/1000 = .292
In 2001 the stock market took some big swings up and down. One thousand investors were asked how often they tracked their investments. The table below shows their responses. What is the probability that an investor tracks the portfolio monthly?
How often tracked? Response
Daily 235
Weekly 278
Monthly 292
Few times a year 136
Do not track 59
My answer:
235+278+292+136+59 = 1000
P(monthly) = 292/1000 = .292
Answers
Answered by
PsyDAG
Yes.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.