Alison has all her money invested in two mutual funds, A and B. She knows that there is a 35% chance that fund A will rise in price, and a 60% chance that fund B will rise in price given that fund A rises in price. What is the probability that both fund A and fund B will rise in price? A. 0.58   B. 0.94   C. 0.21   D. 1.00

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Alison has all her money invested in two mutual funds, A and B. She knows that there is a 35% chance that fund A will rise in price, and a 60% chance that fund B will rise in price given that fund A rises in price. What is the probability that both fund A and fund B will rise in price?

A. 0.58

 

B. 0.94

 

C. 0.21

 

D. 1.00

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