Assume, a survey of clients for financial services (investors) in Eugene showed that 10% were dissatisfied with
Question:
Assume, a survey of clients for financial services (investors) in Eugene showed that 10% were dissatisfied with financial advices (services) received from financial institutions in town. Half of the complaints dealt with financial institution A, who does 40% of the financial services (investments) in the town. Half of the complaints dealt with financial institution A, who does 40% of the financial services (investments) in town.
a . Find the probability that an investor in Eugene will obtain an unsatisfactory financial service, given that the financial adviser was A.
b. Find the probability that an investor will obtain a satisfactory financial service, given that the financial institution was A.
Accounting Information Systems
ISBN: 9780132871938
11th Edition
Authors: George H. Bodnar, William S. Hopwood