In problem 2-42, suppose that American investment institutions enter this new market, and that their probabilities for
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Goldman Sachs ...... 70%
Salomon Brothers ..... 82%
Fidelity ......... 80%
Smith Barney ....... 90%
What is the probability that at least one of these four instruments is successful? Assume independence.
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Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
Question Posted:
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