ION 10
answered
out of 1.00
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What is the likelihood of Jada investing with Bank JNC if the following holds under the following conditions?
..
there is a 75% chance Jada will invest if the economic conditions remain stable;
there is a 25% chance investing if economic conditions suffer a decline;
there is a 55% chance of investing if the economic conditions improve.
the chance the economic conditions remaining stable (S), declining (D) and improving (1) are 0.20, 0.40
and 0.40, respectively.
Select one:
O.a. 0.135
O b. 0.103
OC. 0.400
O d. 0.470