Question: Data on the 3 0 largest bond funds provided one - year and five year percentage returns for the period ending March, 3 1 2

Data on the 30 largest bond funds provided one-year and five year percentage returns for the
period ending March, 312023. Suppose we consider a one-year return in excess of 2% to be high
and a five-year return in excess of 44% to be high. One-half of the funds had a one-year return
in excess of 2%,12 of the funds had a five-year return in excess of 44%, and six of the funds had
both a one-year return in excess of 2% and a five-year return in excess of 44%.. If one fund is
selected at random, find the following:
4.1. The probability that the fund has a high one-year return;
4.2. The probability that the fund has a high five- year return;
4.3. The probability that the fund has a high one-year return and a high five-year return;
4.4. The probability that the fund has a high one-year return or a high five-year return.
4.5. The probability that the fund has a high one-year return given that the fund has a high five-
year return.

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