Question: The following contingency table shows average yield ( rows ) and average duration ( columns ) for 3 8 bond funds. For a randomly chosen

The following contingency table shows average yield (rows) and average duration (columns) for
38 bond funds. For a randomly chosen bond fund, find the probability that:
BondFunds
a. The bond fund is long duration.
b. The bond fund has high yield.
c. The bond fund has high yield given that it is of short duration.
d. The bond fund is of short duration given that it has high yield.
ed Statistics in Business and Economics
 The following contingency table shows average yield (rows) and average duration

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